German Handelsblatt: ZF boss Holger Klein: “We are not selling out” “We will have to make tough decisions” “We are putting out the fire from the basement to the roof”008379

At the second largest German auto supplier, ten billion euros in debt is becoming a central problem as interest rates rise. The ZF boss is looking for a way to liberate himself: a fifth of sales are to be lost and every fourth job in Germany is at risk. How can that work, Mr. Klein?
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