Oct 17 2025

German auto-supplier ZF Friedrichshafen said it will eliminate around 7,600 jobs—roughly a quarter of its powertrain technology workforce—by 2030 as part of a broader restructuring plan to address weak electric vehicle demand, global trade pressures, and high debt from previous acquisitions. 

The job-cuts package will include early-retirement options, shorter working hours, and postponed wage increases, designed to save over €500 million by 2027. ZF emphasised that the division will remain in-house despite earlier speculation of a spin-off.