ZF to restructure Electrified Powertrain Technologies division
The German automotive giant plans major restructuring, aiming to cut up to 14,000 jobs by 2028, focusing on electrified powertrain technologies amid market pressures
ZF Friedrichshafen AG, based in Germany, has announced a strategic realignment to boost its competitiveness amid evolving mobility sector dynamics, especially in electromobility, according to a press release dated July 26.
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