Festo to cut 1,300 jobs in Germany
- Location
- Esslingen · 🇩🇪 Germany
- Company
- Festo
- Sector
- Industry
- Affected staff
- 1,300
The family-owned company is cutting around 1,300 of 8,200 jobs in Germany, almost one in six. Globally, €200 mn per year is to be saved; the CEO ruled out site closures in Germany.
Source: t-online.de ↗ · Archived copy ↗
Evidence: one source · archived copy saved · second source missing (two-source rule) · How well sourced is Eurotrack?
More from: 🇩🇪 Germany