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Europes Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts

Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 05

Introduction

Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.

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