Job losses potential in Koblenz, with 450 positions at stake
In a move aimed at adapting to the current market situation, automotive supplier ZF has announced plans to cut jobs at its Koblenz site in Germany. The company expects to reduce approximately 450 jobs by 2030, with the majority of the cuts expected to occur over the next five years.
The employee areas most likely to be affected are the production and manufacturing sectors, as well as the research and development department. Around 370 jobs in the research and development department are set to be cut, while around 80 jobs in administration are also on the chopping block.
However, the company has emphasised that the Koblenz site, which currently employs approximately 2,100 people, will continue to be an important part of ZF. In fact, the production, where around 500 people currently work, is expected to be largely spared from the job cuts.
The production at the Koblenz site will focus on brake control systems in the future. This shift in focus is part of a larger restructuring plan, details of which ZF has not disclosed beyond the job cuts.
The job cuts at the Koblenz site are primarily due to the weak market conditions. The company also cites trade policy uncertainties such as US import tariffs and export restrictions on rare earths from China as additional reasons for the job cuts.
The IG Metall union has been protesting against the company's job cuts for several months. Despite these protests, ZF has found socially acceptable solutions for almost half of the affected employees in Koblenz.
It's important to note that an existing works agreement rules out dismissals for operational reasons at the Koblenz site until the end of 2026. The majority of the jobs set to be cut are expected to be completed by the end of 2026.
The job cuts at ZF's Koblenz site were first reported by SWR. The company's announcement comes amidst a challenging period for the automotive industry, with many companies facing similar challenges due to weak market conditions and trade policy uncertainties.
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