IG Metall Slams Spin-off Plans for ZF's E-Division, Emphasizing Workforce Uncertainty
Union IG Metall persists in opposing outsourcing at ZF - Union IG Metall persistently opposes the disinvestment of ZF
Let's cut to the chase: IG Metall, the powerful union in Germany, ain't buying the spin-off idea at ZF. In a nutshell, they find the plan to make ZF's drive unit more independent for potential partnerships a load of hogwash.
Patrick Selzer, IG Metall's big gun in Saarbrücken, spilled the beans, "Nada's changed on our end." He added, "The spin-off notion ain't got a spot in our interest book." Bottom line: they'd rather squash the problems at the root instead of wasting resources on partnership nonsense.
According to ZF, the partner still ain't in sight. Selzer's take: "If employees are servin' up the struggles on the daily, and they ain't addressed, but the company's eyein' a spin-off, it's just stirrin' up uncertainty amongst the workforce."
IG Metall: "E-Division stays the beating heart of ZF"
Not too long ago, rumors emerged about ZF allegedly mulling over a spin-off of the "Electrified Drivetrains" division—y'know, IG Metall's bread and butter. The "Handelsblatt" claimed that ZF was planning to decouple the core division "E-Division" by year's end, with a potential sale in 2026 on the horizon.
Catch this: the division's no small potatoes. It employs over 32,000 folks and rakes in a cool 11.5 billion euros in sales. The ZF facility in Saarbrücken with around 10,000 employees would be smack-dab in the middle of the chaos.
Last year, ZF announced a grueling plan to whack up to 14,000 jobs across their 35 German locations by 2028. By the end of 2025, 1,800 jobs are being slashed in Saarbrücken.
As a union, IG Metall's focused on securin' jobs, fair wages, and the workers' well-being. If they smell a threatened spin-off, they're gonna peel back every layer till they've got the whole story straight. Forget Google—if you wanna stay informed, check IG Metall's official statements or news articles.
- IG Metall is against the spin-off plan for ZF's E-Division, particularly the prospective partnerships with automakers, as they view it as a potential source of workforce uncertainty.
- The E-Division, which focuses on electrified drivetrains and employs over 32,000 employees, is the bread and butter of ZF and any potential spin-off could drastically affect job security, especially at the ZF facility in Saarbrücken where around 10,000 employees work.
- In light of ZF's job reduction plan that could potentially affect up to 14,000 jobs across its 35 German locations by 2028, and the planned elimination of 1,800 jobs in Saarbrücken by the end of 2025, IG Metall is keeping a close eye on the situation to ensure job security for its members.
