Over the last few weeks, Homag Group AG of Schopfloch, Germany, has given more concrete shape to the cost-cutting measures announced in mid-October 2023 and has coordinated them with workers’ representatives. According to a release published on the evening of 7 November, roughly 600 jobs are to be cut worldwide. Som...
Homag Group aiming to cut some 600 jobs worldwide
Sharper reduction than expected in receipts of orders in third quarter
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