Overview
- Reductions are split roughly evenly between Europe and Asia, with several hundred positions to be eliminated in Germany.
- Management outlined site impacts including a low-to-mid three‑digit cut at Regensburg, around 250 roles affected in Herbrechtingen through 2029, and the previously announced Schwabmünchen closure counted in the total.
- The company says it is negotiating with works councils on socially acceptable measures and cannot rule out redundancies at this stage.
- Financial results show improvement with a narrowed net loss of €129 million in 2025 and adjusted EBITDA rising to €608 million, while Q1 2026 revenue is guided to €710–€810 million.
- Production of established products will shift to Asia for cost reasons, creating room for highly automated manufacturing in Regensburg, and the Premstätten site in Austria is not affected.