Stock Markets May 19, 2026 06:44 AM

ZF to Keep Electric Motor Production In-House, Says More Job Cuts Will Be Needed

Supplier opts to retain manufacturing of e-motors and inverters while signaling further workforce reductions to stay competitive

By Caleb Monroe

German auto supplier ZF announced it will continue producing electric motors internally, but said the choice will require several hundred additional job cuts as part of its ongoing restructuring. The company reached the decision after evaluating whether to outsource motors and inverters or keep them in-house, consulting with employee representatives during the process. ZF reiterated it will try to avoid forced redundancies where feasible and noted broader industry pressures related to investments in new technologies and uneven electric vehicle adoption.

ZF to Keep Electric Motor Production In-House, Says More Job Cuts Will Be Needed

Key Points

  • ZF will continue in-house production of electric motors and inverters after an evaluation involving employee representatives.
  • Maintaining these production lines will require several hundred additional job cuts; the exact number and locations have not been disclosed.
  • The decision sits within a larger restructuring that already included a 7,600-job reduction agreed in October; the move affects the autos and manufacturing sectors and has implications for suppliers and labor markets.

German supplier ZF said Tuesday that it will retain internal production of electric motors and the associated inverters used in electric vehicles, but that doing so will necessitate further cuts to its workforce.

The company reviewed the option of outsourcing those components versus continuing to manufacture them within its own operations. That assessment was carried out in cooperation with employee representatives and was part of a larger program of business restructuring.

Following the review, ZF concluded that keeping production in-house was the appropriate route to maintain competitiveness. At the same time, the company announced that this path would require "several hundred" additional job eliminations beyond prior reductions. ZF emphasized it will avoid forced redundancies where possible.


Context from within the industry

ZF framed the move against a backdrop of heavy investment across European automakers and suppliers in new technologies. The company noted that electric vehicle adoption had progressed more slowly than many had projected, although demand is currently rising. Those dynamics were cited as part of the environment in which the company carried out its internal evaluation and broader restructuring.


Recent workforce actions

In October, ZF agreed to reduce its headcount by 7,600 positions under the scope of its wider overhaul. The company did not disclose the precise tally of additional roles that will be cut as a result of the decision to preserve in-house electric motor production.


What the announcement means

By opting to keep manufacturing electric motors and inverters internally, ZF is signaling that it views those operations as strategically important to its competitiveness. However, the company also made clear that maintaining those capabilities will require further workforce adjustments, the scale of which remains unspecified beyond the description of "several hundred" positions.

ZF said employee representatives were involved in the evaluation process and reiterated an intention to limit forced redundancies where practicable. Beyond that, the company provided no additional detail on timelines, locations affected, or the specific functions that will be altered.

Risks

  • Further workforce reductions - Uncertainty over the exact number and distribution of additional job cuts could impact employee relations and regional labor markets, particularly within the manufacturing and automotive supplier sectors.
  • Industry demand variability - The company cited slower-than-expected electric vehicle adoption, though demand is now increasing; uneven demand could influence future production and employment plans in the autos and suppliers sectors.
  • Restructuring scope - The broader restructure has already included major cuts and the need for additional reductions introduces risk around implementation, timing, and potential operational disruption for the automotive supply chain.

More from Stock Markets

UBS Lifts FLSmidth to Buy, Raises 12-Month Target After Margin Recovery May 19, 2026 ZF to Retain EV Motor Production In-House While Trimming Workforce Further May 19, 2026 ServiceNow Shares Jump in Premarket After Bank of America Reinstates Coverage May 19, 2026 3Knights Dynamics Seeks $20–25M in NASDAQ IPO Filing May 19, 2026 Indian equities slip as FMCG, healthcare and metals weigh; Nifty down 0.14% May 19, 2026