IAV

Automotive Engineering Services Germany, particularly Stollberg, Saxony

Report

Total cuts

About 1,500

Estimate

Date announced

February 25, 2026

Supporting source

Berliner Zeitung Coverage published Feb 25, 2026

Layoff Summary

Automotive engineering provider IAV announced plans to cut around 1,500 jobs in Germany.

The plan would shrink IAV's German workforce from about 5,500 to roughly 4,000 positions.