Crisis in the automotive industry: Factory closures put 200 jobs in danger!
Crisis in the automotive industry: Factory closures put 200 jobs in danger!
shock for the automotive industry: The technology group FeinTool has announced that it will close its location in Sachsenheim and to shift production to Hungary. This decision is part of a realignment in Europe, which is fueled by the current crisis of the automotive industry and the uncertain market situation. Around 200 of the approximately 450 jobs in Sachsenheim and the nearby Vaihingen/Enz are on the brink of how fine tool explained in a message. This follows numerous similar measures of other large companies such as VW and ZF Friedrichshafen. The situation in Sachsenheim itself is precarious because the company has losses due to external economic factors. Fine tool hopes for the realignment of up to 15 million Swiss francs annually to meet the challenges on the market, as reported.
These developments are in the context of a far -reaching restructuring in the industry that illustrates the core problems of the current market situation - a complex mix of economic uncertainties and reduced demand, on the basis of which companies have to rethink and take drastic measures. The closures are a lack of hope for many employees in both countries.
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| Ort | Sachsenheim, Baden-Württemberg, Deutschland |
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