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Automobile supplier Schaeffler to cut additional 4400 jobs by the end of 2022

Employees of automotive supplier Schaeffler Technologies show banners as they protest outside the plant in Wuppertal, Germany, 16 September 2020. Leading German automotive supplier Schaeffler on 09 September 2020 said they will cut an additional 4400 jobs from 12 locations in Germany and others in Europe and publicly considered a possible closure of the Wuppertal plant. The company has been badly hit by the crisis in automobile manufacturing industry. EPA/SASCHA STEINBACH

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