[Stay on top of transportation news: Get TTNews in your inbox.] ZF Friedrichshafen AG is cutting 7,600 positions at its electrified drivetrain division as the German car-parts maker steps up its ...

ZF to cut 7,600 jobs in electrified powertrain unit by 2030 Agreement includes early retirement and severance packages to avoid forced redundancies Weekly working hours to be reduced by 7% through ...

BERLIN (Reuters) -ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and ...

Investing.com -- German auto supplier ZF Friedrichshafen will eliminate approximately 7,600 jobs in its electrified powertrain technology division by 2030 as part of a restructuring agreement reached ...

ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and labour union IG Metall ...

SPARTANBURG, S.C. (FOX Carolina) - ZF Classics Systems Duncan announced it is expanding its operations in Spartanburg County. The company said its $55.4 million investment will help expand to a new ...

ZF Friedrichshafen — known as ZF Group — has appointed Mathias Miedreich as chief executive officer (CEO), effective Oct. 1, as part of a leadership reshuffle that sees current CEO Holger Klein and ...

Three auto-parts companies are tapping the junk-bond market this week, with American Axle & Manufacturing raising about $2.3 billion, ZF Friedrichshafen doubling its debt sale to $1.5 billion, and ...

German auto-parts maker ZF Friedrichshafen AG has increased the size of a planned bond sale by $500 million to $1.25 billion, highlighting investors’ appetite for credit despite pressures on the ...

Just one month ago, the IG Metall trade union and the works council at ZF organized nationwide protests, involving 12,000 employees, against planned job cuts. Now union officials are planning the cuts ...

The Lagos State Traffic Management Authority (LASTMA) has strongly denied allegations circulating in a viral video suggesting that motorists were permitted to drive on the Bus Rapid Transit (BRT) ...