Over 100 workers left out in the cold as e-bus firm Ebusco slashes jobs

Struggling electric bus manufacturer Ebusco is to cut 102 full-time jobs as part of a reorganization, representing 16.5 percent of its total workforce, the company announced.

The restructuring is expected to take place in the first quarter of 2025. “Ebusco has submitted a request to the UWV and the trade unions about their plans,” said the business. The employees that will be affected by this mostly work in the production, warehouse, and facility departments.

Christian Schreyer, the company’s CEO, emphasized that this step is necessary to recover Ebusco’s financial security. The company had already announced earlier this year that jobs would be cut, and production was temporarily halted to save costs.

Ebusco has significant financial issues, including overdue payments and fines for late deliveries of busses, which have added up to tens of millions of euros. In order to keep its head above water, the company issued 36 million euros worth of new shares. This step has temporarily saved the listed company from Deurne from going under.