Leoni
Arad
Announced: March 1, 2026
Current Employees
10000
Layoffs Count
465
Impact Rate
5%
Details
Leoni factory in Arad, producing cables and electrical systems for the auto industry, plans to lay off 465 employees starting March 2026, with the process concluding by August. This represents permanent layoffs due to decreased demand and cost pressures in the automotive sector.
Source Information
Source:Romania TV
Reference:View original article