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Aumovio to cut up to 4,000 jobs in global R&D restructuring
['Shubhendu Vimal']
Just Auto
In Germany, Aumovio said it anticipates reducing roles “in a range reaching into the high triple digits”.
Credit: T. Schneider / Shutterstok.comAumovio will eliminate up to 4,000 roles globally by the end of 2026 while reshaping its research and development (R&D) operations.
The German automotive supplier said the move is aimed at boosting the competitiveness of its worldwide R&D activities amid a difficult market backdrop.
In Germany, Aumovio said it anticipates reducing roles “in a range reaching into the high triple digits”.
At the same time, Aumovio said it would continue to invest in R&D for what it described as value-creating and market leading technologies.