Webasto's Strategic Response to Market Challenges

Webasto, a key automotive supplier, has announced plans to reduce its workforce in Germany by around 650 positions. This decision impacts approximately one in six jobs within the company, primarily affecting administration and development sectors. The restructuring move comes in response to declining market conditions and aims to stabilize the business.

CEO Jörg Buchheim emphasized the importance of managing the layoffs responsibly. A social plan and a transfer company will support the transition for affected employees, ensuring a socially responsible implementation by the end of the year. The cuts will impact various German sites, including Gilching, Hengersberg, and Neubrandenburg, as well as the Stockdorf headquarters.

Webasto's workforce reduction is part of a broader trend in the German industrial sector, which saw significant job cuts in 2024. This reflects challenges such as decreased demand in the automotive industry and potential impacts from international trade policies. The company's decisive actions aim to align with current market realities and prepare for future demands.