German household appliance manufacturer Miele is considering cutting 2,000 jobs after a major sales decrease. The company is going to re-evaluate its complete production process.
Sad anniversary
It is a sad 125th anniversary for Miele: according to local media, the company plans to cut a tenth of its entire workforce. The company has since confirmed the restructuring plans, but would not yet confirm the number of redundancies.
Miele is going to completely review its production process, which may include shifting more production abroad. Many appliances are still made in Germany itself, but Miele also has factories in countries such as Czechia and Romania, and outside Europe in China. The brand also eyes a new factory in the United States.
Sales fell sharply in 2023, after a record year 2022 in which sales peaked at 5.43 billion euros – however, those figures were somewhat distorted because 2022 also saw a large number of orders from previous periods finally delivered, clearing a backlog that the Covid pandemic and subsequent problems in the global supply chain had created.
