Voith examines structure globally to strengthen its long-term competitiveness
Germany, Dec. 9 -- The Voith Group is reviewing adjustments to its organizational structures and workforce as part of the company's ongoing strategic development. The goal of these adjustments is to make the company more competitive and sustainable in the long term, to promote innovation and to take advantage of growth opportunities in a dynamic global market environment. A reduction of up to 2,500 positions is expected as part of the adjustments. The goal of the structural and organizational adjustments is to simplify processes, shorten decision-making paths, strengthen market orientation and make targeted investments in future fields that will ensure long-term competitiveness. These include the profitable service and digital business, glo...
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