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Germany

Preh, Germany, planning further job cuts to secure long-term competitiveness

On April 2, Preh GmbH announced that the number of employees in Bad Neustadt fell from 1,585 at the end of 2024 to 1,224 at the end of 2025. Preh anticipates a challenging market environment in 2026, as well exacerbated by geopolitical uncertainties in the Middle East, rising material costs, and increasing risks in s....

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