economy
February 15, 2026
Workers Can't Come to Terms
This decision has caused strong reactions from employees and unions, as it concerns a factory that operates profitably.
TL;DR
- Jungheinrich to close its profitable production plant in Lüneburg, Germany.
- 160 production jobs to be eliminated by the end of March 2027.
- The company plans to reduce costs globally, affecting around 1,000 employees.
- Half of the global layoffs will be in Germany, impacting locations like Lüneburg and Norderstedt.
- The IG Metall union criticizes the decision, stating the factory is profitable.
- Jungheinrich reported a profit of 289 million euros in 2024 on 5.4 billion euros in revenue.
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