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Schaeffler to cut 3,460 European jobs, stakes automation on humanoids

Schaeffler will cut 3,460 jobs in Europe, close five sites and incur €480 million in one-time costs, but cited humanoid robotics and defense as “growth areas” to absorb part of the workforce reduction, according to Humanoids Daily.

Humanoid robot assembles machinery component at a workstation in a bright, modern industrial facility.