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ZF Friedrichshafen reduces risks – but not as the German government had hoped

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Published: April 17th, 2024,
Last updated: May 30th, 2025

De-risking: ZF Friedrichshafen is cutting jobs in Germany, but investing heavily in China.
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Leading automotive suppliers have to reorganize their business model. For ZF Friedrichshafen, this means investing in China and cutting jobs in Germany. The company reasons that it wants to make itself crisis-proof. The strategy of de-risking is central to this: First and foremost, it means significantly increasing its commitment to the People’s Republic and localizing as much as possible.

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Germany Suppliers EU-Handelskammer De-risking