Webasto to shed another 300 jobs in Germany amid restructuring

Core Insights - Webasto is laying off 300 employees in Germany as part of its restructuring efforts due to a challenging market environment [1][2] - The layoffs will primarily affect leadership roles in administrative divisions at the Stockdorf and Gilching facilities [1][2] - CEO Joerg Buchheim emphasized the need for a leaner and more cost-efficient organization to remain competitive in the automotive market [2] Restructuring Details - The job cuts are expected to be finalized by the end of the year, following discussions with employee representatives [2] - A social plan has been developed in collaboration with the works council to address the interests of affected employees [2][3] - Impacted staff will have the opportunity to transition to a transfer company that will provide support for up to 12 months for professional reorientation [3] Leadership Changes - Johann Stohner was appointed as the chief restructuring officer (CRO) in January, tasked with accelerating financial and operational restructuring efforts [3]