Aumovio to cut up to 4,000 jobs in global R&D restructuring

Aumovio will eliminate up to 4,000 roles globally by the end of 2026 while reshaping its research and development (R&D) operations. The German automotive supplier said the move is aimed at boosting the competitiveness of its worldwide R&D activities amid a difficult market backdrop. It also reaffirmed its objective of bringing its R&D spending ratio below 10% of sales in 2027, from 11.9% recorded in the third quarter of 2025. The company added that the restructuring aims to safeguard its market and tec ...