Layoff announcement
IAV layoffs: Around 1,500 jobs
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.
- Reported cuts
- About 1,500
- Announced
- Country
- Germany
- Location
- Germany, particularly Stollberg, Saxony
- Scope
- Country Specific
- Industry
- Automotive Engineering Services
Original reporting
