Atlas Copco is eliminating 180 positions at its Ganderkesee facility in Lower Saxony following the sale of the business unit out of insolvency.
The cuts affect nearly half of the site's 400-strong workforce, marking a significant contraction for the historic German manufacturing operation.
The restructuring follows the acquisition of the distressed assets by a new owner, who is implementing immediate cost reductions to stabilize the unit.
The move signals a decisive end to the previous operational model at the plant, which has struggled with financial viability in recent years.
This development aligns with a wider trend of German industrial firms accelerating plans to shift operations away from the domestic market and Europe.
Handelsavisen has previously reported that this strategic pivot places up to 100,000 jobs at risk across the sector over the next four years, reflecting a growing consensus among executives that structural changes are necessary to maintain competitiveness.