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Schaeffler to cut 3,460 jobs, shut five European plants as auto slump bites

Published by Reuters Europe Markets · United Kingdom 16 h ago

German auto supplier Schaeffler said on Tuesday it would cut 3,460 jobs and close five sites in Europe as ‌it responds to weakening demand for combustion-engine vehicles,…

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Schaeffler to cut 3,460 jobs, shut five European plants as auto slump bites

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