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Suppliers: Schaeffler cuts 3,460 jobs; Magna eyes Slovenia

Name: Suppliers: Schaeffler cuts 3,460 jobs; Magna eyes Slovenia
Uploaded: 2026-11-09T07:12:55+01:00
Description: Germany’s suppliers tighten belts: Schaeffler announces 3,460 Europe job cuts (2,660 in Germany) while Magna’s Graz lines are full and talks with XPeng on a Slovenian plant intensify — moves that reshape supply and jobs across DE & AT. Video: EqualStock / Pixabay

9 Nov 2026, 07:12 59 0:15 min

Germany’s suppliers tighten belts: Schaeffler announces 3,460 Europe job cuts (2,660 in Germany) while Magna’s Graz lines are full and talks with XPeng on a Slovenian plant intensify — moves that reshape supply and jobs across DE & AT.

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Video: EqualStock / Pixabay