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Screwed: 4,500 at Schaeffler
A daily review of the employment fallout around the country and the world.
In Germany, auto parts maker Schaeffler will cut 4,500 jobs. … Nike cuts 1,750 jobs around the world amid slowing demand for its products. … Polish newspaper company Agora, hit by declining circulation, will lay off 400 workers. … Wartsila, a maker of ship engine parts, will lay off 450 people through the end of the year. … Venus Swimwear in Jacksonville, Fla., will reduce its workforce by 240 positions.
Read more about layoffs at the sites compiled on our layoff tracker page.
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