{"id":11235,"date":"2026-05-08T16:08:10","date_gmt":"2026-05-08T16:08:10","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/11235\/"},"modified":"2026-05-08T16:08:10","modified_gmt":"2026-05-08T16:08:10","slug":"industrial-plant-maker-festo-to-cut-1300-jobs-in-germany","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/11235\/","title":{"rendered":"Industrial plant maker Festo to cut 1,300 jobs in Germany"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/germany\/wp-content\/uploads\/2026\/05\/afbd392e3658463677f8cc176f8167a5.jpeg\" alt=\"FILE PHOTO - The logo of the Industrial plant manufacturer Festo is pictured on a building at the company headquarters in Esslingen. (zu dpa: \u00abIndustrial plant maker Festo to cut 1,300 jobs in Germany\u00bb) Bernd Wei\u00dfbrod\/dpa\" loading=\"eager\" height=\"478\" width=\"800\" class=\"yf-lglytj  loaded\"\/> FILE PHOTO &#8211; The logo of the Industrial plant manufacturer Festo is pictured on a building at the company headquarters in Esslingen. (zu dpa: \u00abIndustrial plant maker Festo to cut 1,300 jobs in Germany\u00bb) Bernd Wei\u00dfbrod\/dpa      <\/p>\n<p class=\"yf-1fy9kyt\">The German industrial plant manufacturer Festo plans to cut about 1,300 jobs in the country.<\/p>\n<p class=\"yf-1fy9kyt\">Market changes, increasing competition from Asia and geopolitical crises have posed significant challenges for Festo, the family-owned company announced on Friday.<\/p>\n<p class=\"yf-1fy9kyt\">Faced by the tougher market conditions, the company is focusing on a global transformation programme to boost growth and efficiency, it said. To achieve the financial leeway required for the restructuring, Festo aims to streamline its structures in Germany.<\/p>\n<p class=\"yf-1fy9kyt\">The jobs are to be cut across various departments.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cIn consultations, the company and the works council are discussing how these job cuts can be implemented as responsibly and socially responsibly as possible,\u201d Festo said in a statement.<\/p>\n<p class=\"yf-1fy9kyt\">Globally, the company aims to save \u20ac200 million ($235 million) annually. Jobs would also be cut abroad, chief executive Thomas B\u00f6ck was quoted as saying in the Stuttgarter Zeitung and the Stuttgarter Nachrichten newspapers.<\/p>\n<p class=\"yf-1fy9kyt\">B\u00f6ck ruled out any site closures in Germany.<\/p>\n<p class=\"yf-1fy9kyt\">The IG Metall union voiced strong criticism of the planned job cuts and said the news had taken the employees completely by surprise.<\/p>\n<p class=\"yf-1fy9kyt\">At the end of 2025, the company employed around 20,600 staff. Approximately 8,200 of them worked in Germany.<\/p>\n<p class=\"yf-1fy9kyt\">However, the sluggish economic situation had weighed on the family-owned company\u2019s business. Turnover fell by 3.7% in 2025 to around \u20ac3.33 billion, the third consecutive annual decline.<\/p>\n<p class=\"yf-1fy9kyt\">Festo specializes in control and automation technology for industry. The company\u2019s products include devices that operate using compressed air, as well as software and AI systems.<\/p>\n","protected":false},"excerpt":{"rendered":"FILE PHOTO &#8211; The logo of the Industrial plant manufacturer Festo is pictured on a building at the&hellip;\n","protected":false},"author":2,"featured_media":11236,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[10128,10129,10126,5,10127,10125],"class_list":["post-11235","post","type-post","status-publish","format-standard","has-post-thumbnail","category-germany","tag-company-headquarters","tag-family-owned-company","tag-festo","tag-germany","tag-industrial-plant","tag-plant-manufacturer"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/11235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=11235"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/11235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/11236"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=11235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=11235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=11235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}