Learn more

Due to the weakening car market and high costs, German headlamp manufacturer Hella announced on Wednesday that it intends to cut 420 jobs by mid-2026. The cuts relate to the plant at the company’s headquarters in the Westphalian town of Lippstadt, which currently has around 1,000 jobs and is making losses. In future, only headlamps are to be manufactured there, while the production of combination rear lamps and interior and body lighting is to be relocated to other Hella sites in Europe. Production levels at the Lippstadt plant need to be increased and the cost base reduced, the company said, …

cuu