The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Ostösterreich; Niederösterreich; Wiener Umland/Südteil
Location of affected unit(s)
Berndorf
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.91 - Manufacture Of Machinery For Metallurgy
460 jobs Number of planned job losses
Announcement Date
27 November 2024
Employment effect (start)
1 January 2025
Foreseen end date
31 December 2027
Description
Schaeffler, a global supplier of automotive and industrial components, is closing its Berndorf plant in Lower Austria by 2025. The facility, which manufactures wheel bearings and gearbox components for heavy vehicles, employs around 450 people.
The closure is part of a broader workforce reduction across Europe, as Schaeffler faces fluctuating demand, rising competition from Asian manufacturers, and ongoing economic challenges. The company plans to shift production to its sites in Slovakia and Romania, although these locations will also undergo staffing reductions.
The layoffs will be carried out in phases from 2025 to 2027, with efforts to ensure social compatibility. Schaeffler's workforce reduction is part of a larger plan to cut 4,700 jobs in Europe due to weak industrial sales and competition in the electric vehicle market.
Eurofound (2024), Schaeffler, Closure in Austria, factsheet number 202078, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202078.
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