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Schaeffler plans to lay off 750 jobs in the German factory

According to Reuters, the German metal industry union (IG Metall) recently said that the parts supplier Schaeffler plans to the abolition of 750 employees in a factory in Germany.
German metal industry union said in a statement a few days ago, Schaeffler has informed the trade unions and employee representatives, in the western German Wuppertal (Wuppertal) factory layoffs, layoffs size of about 750.
The plant has a total of 1,500 employees, the layoffs equivalent to about half of the total number of employees of the factory, the company has yet to comment on the matter.
German metal industry union, has urged the management of the Schaeffler to start negotiations on alternative measures to avoid the factory suffered massive layoffs.

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