Feintool Closes Sachsenheim, Cuts Workforce
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•Switzerland's Feintool plans cuts in Germany, cites weakness in EV market
77% Informative
Feintool will close one of its sites in Germany and cut its workforce by as many as 200 people.
The Swiss automotive supplier plans a shake-up of production of rotors and stators for electric motors.
The changes will preserve around 250 of 450 jobs currently in Sachsenheim and Vaihingen .
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