Varta to cut 350 jobs after losing major client
German battery manufacturer Varta AG has announced plans to eliminate around 350 jobs following the loss of a key customer. The decision also includes the gradual end of production of button cells at its site in Noerdlingen, located in southern Germany.
According to company representatives, the affected positions are mainly based in Noerdlingen and at Varta’s headquarters in Ellwangen. The move comes after the expiration of a major supply contract that was not publicly identified, which is set to end in late October.
The Noerdlingen facility has been primarily focused on producing rechargeable CoinPower button cells, widely used in wireless audio products such as Apple Inc. AirPods. Reports indicate that future supply for these components may be shifted to a Chinese manufacturer, reflecting ongoing changes in global electronics supply chains.
The decision highlights the challenges facing European battery producers as competition intensifies in the global market, particularly in the consumer electronics sector.
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