# Schaeffler to cut about 3,500 jobs in Europe, 2,660 in Germany

- By: Bull Run Post Newsroom
- 2026-11-03T09:56:00.000Z
- Produced with artificial intelligence under human editorial supervision.

## Excerpt

Schaeffler, the German bearings and car-parts group, announced on 3 November 2026 a net cut of 3,460 jobs in Europe, about 2,660 of them in Germany, and five plant closures, to save about 300 million euros a year from 2030.

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## Read the full story

https://bullrunpost.com/en/2026/11/03/schaeffler-cuts-3500-jobs-europe/

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