{"id":339,"date":"2024-07-29T04:40:17","date_gmt":"2024-07-29T04:40:17","guid":{"rendered":"https:\/\/timesofgerman.com\/german-auto-supplier-zf-to-cut-14000-jobs\/"},"modified":"2024-07-29T04:40:17","modified_gmt":"2024-07-29T04:40:17","slug":"german-auto-supplier-zf-to-cut-14000-jobs","status":"publish","type":"post","link":"https:\/\/timesofgerman.com\/en\/german-auto-supplier-zf-to-cut-14000-jobs\/","title":{"rendered":"German auto supplier ZF to cut 14,000 jobs"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-td-block-uid=\"tdi_93\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p>BERLIN\u2014German car parts manufacturer ZF said Friday it would cut up to a quarter of jobs in Germany, as the switch to electric vehicles puts pressure on the sector.<\/p>\n<p>\u201cThe number of employees in Germany is to be successively reduced by 11,000 to 14,000 from the current level of around 54,000 by 2028,\u201d ZF said in a statement.<\/p>\n<p>The decision to significantly reduce the size of its domestic workforce was needed to \u201crespond to the changes in the mobility sector, particularly in the field of electromobility\u201d, ZF said.<\/p>\n<p>\u201cDue to strong competition, cost pressure and weak demand for electric vehicles,\u201d the restructuring would&#8230;<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/manilastandard.net\/business\/314476628\/german-auto-supplier-zf-to-cut-14000-jobs.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BERLIN\u2014German car parts manufacturer ZF said Friday it would cut up to a quarter of jobs in Germany, as the switch to electric vehicles puts pressure on the sector. \u201cThe number of employees in Germany is to be successively reduced by 11,000 to 14,000 from the current level of around 54,000 by 2028,\u201d ZF said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":{"0":"post-339","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-automotive"},"_links":{"self":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/comments?post=339"}],"version-history":[{"count":0,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/339\/revisions"}],"wp:attachment":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/media?parent=339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/categories?post=339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/tags?post=339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}