German automotive supplier Stabilus to cut 450 jobs

NAMPA / DPA

2025-09-19

Frankfurt (dpa) - German automotive supplier Stabilus is planning to cut 450 jobs in a bid to secure long-term competitiveness, the company said late Thursday. Management cited a difficult market environment to justify the step, including weak global economic growth, continued high costs and structural changes in important markets. It comes after the supplier downgraded its full-year outlook in August following a weaker-than-expected third quarte......

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