Jungheinrich to cease operations in Lüneburg by 2027. - Jungheinrich plans to shut down its operations in Lüneburg by the year 2027.
In a move aimed at improving efficiency and competitiveness amid weaker-than-expected demand in the European market, German industrial equipment manufacturer Jungheinrich has announced plans to cut around 1,000 jobs worldwide, including at its plants in Lueneburg, Norderstedt, and Hamburg [1]. This cost-saving transformation initiative is valued at €100 million.
The corporation, which had approximately 21,000 employees at the end of 2024, has not yet provided detailed information about the job cuts. However, it is known that the Lueneburg plant, which employs around 380 people, mostly in production, will close by 2027. The plant in Norderstedt, with around 1,500 employees, is also expected to see a significant reduction in jobs, although the exact number has not been specified. The Hamburg headquarters, with over 1,200 employees, is planning a double-digit reduction in jobs.
The job cuts are part of a larger global reduction in jobs at the corporation and are a response to challenges in the forklift and warehouse technology sector, where customers are increasingly requesting cheaper machines and equipment. Jungheinrich's Machinery Division is streamlining production, management, and administration levels across its Northern German plants to adapt to this challenging market environment.
The details of the job cuts and plant closures at Jungheinrich are still developing. Several media outlets, including the Northern Germany-based German Press Agency, have reported on these developments. It is expected that the restructuring will have a significant impact on the workforce, given the large number of employees at these locations.
Sources: [1] https://www.reuters.com/business/autos-transportation/jungheinrich-to-cut-around-1000-jobs-in-cost-saving-drive-2025-05-12/
The community policy of Jungheinrich, a German industrial equipment manufacturer, includes plans for a large-scale job reduction in response to weaker-than-expected demand in the European market and challenges in the forklift and warehouse technology sector. As part of this cost-saving transformation initiative, vocational training programs may be impacted, as the corporation aims to streamline production, management, and administration levels across its Northern German plants, involving their manufacturing, finance, business, and potentially their continued investment in vocational training for future generations.
