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Layoffs

Musashi closes its Leinefelde machining unit, cutting 200 jobs

Location
Leinefelde · 🇩🇪 Germany
Company
Musashi
Sector
Automotive supplier
Affected staff
200

Closure of the machining operation in Leinefelde; 200 employees affected. The forge with 60 jobs will be retained until at least 2028 (agreed in an arbitration round). Severance payments, further qualification and job assistance are planned. Reason: a decline in demand for combustion-engine components in the wake of the automotive crisis.

Source: mdr.de ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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