ECONOMYSchaeffler to Lay Off 4,700 Workers Amid European Auto Sector ChallengesDhruva KulkarniNovember 5, 2024November 5, 2024 by Dhruva KulkarniNovember 5, 2024November 5, 20242 943 Schaeffler, a German machine and car parts manufacturer, announced plans to lay off 4,700 employees in Europe after its operating profit nearly halved in the...
BUSINESSSchaeffler Shares Rise to 5-Month HighAniruddh ShrivastavaNovember 8, 2022 by Aniruddh ShrivastavaNovember 8, 202201673 On Tuesday, shares of Schaeffler surged over 9 per cent in early trade to their highest in over four months. The 5-month high jump can...