April 28, 2023: VARTA mentioned on April 25 it might reduce almost 800 full-time jobs throughout the group, simply days after vow a big growth of ESS gross sales and manufacturing after a enterprise restructuring.
Round 390 of the job cuts shall be in Germany over the following two years – 240 of these have taken place this yr. VARTA employs round 4,700 folks worldwide.
The corporate mentioned that the cuts are the results of its restructuring and in response to massive will increase within the value of supplies amid international crises, together with the Russia-Ukraine battle and the influence of the pandemic.
VARTA board of administrators speaker Markus Hackstein mentioned: “We’ve to form the small print of the transformation plan in such a method that we safe the way forward for our firm whereas conserving as many roles as potential.”