ZF to cut 7,600 jobs in Electrified Powertrain Technology division by 2030

ZF Friedrichshafen AG (ZF) has reached an agreement with its general works council and the IG Metall union on comprehensive measures to restructure its Electrified Powertrain Technology division (Division E), aiming to strengthen long-term competitiveness.
The initiatives are expected to generate over EUR 500 million....

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