SRAM Announces Major Restructuring in Schweinfurt

SCHWEINFURT, Germany (December 11) – SRAM announces a major restructuring of its facility in Schweinfurt, Germany. The component maker is planning to lay off 161 employees during a restructuring period that will take place over a 2 to 3 year period. SRAM has taken this step due to the continued deterioration in the bike market,

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