FORVIA to cut around 10,000 jobs by 2028
Multiple media reported that FORVIA plans to cut around 13% of its European workforce, or around 10,000 jobs, over the next five years as part of its "EU-FORWARD" savings program.
The aim is to better compete with its Asian rivals in the transition to EVs.
Its efforts to reduce expenses, including changes in regional....
The aim is to better compete with its Asian rivals in the transition to EVs.
Its efforts to reduce expenses, including changes in regional....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)