Werkzeugbau Laichingen Files for Insolvency, Leaving 100 Jobs at Risk
Werkzeugbau Laichingen GmbH, a prominent manufacturer of high-quality tools for sheet metal processing, has filed for insolvency. The company, which primarily serves the automotive industry, has left around 100 employees, including ten apprentices, uncertain about their future.
The insolvency, declared on July 15, 2025, is a result of expiring orders and a worsening economic situation. The company's financial state had been precarious due to declining demand and increased costs. Despite efforts, the insolvency administrator could not find a solution to keep the business running permanently. Production is expected to cease after a short phase at the end of the year.
To support the affected employees, a transfer company has been established. Starting October 1, 2025, employees will receive transfer short-time allowance and assistance in finding new jobs through this company. The apprentices will also be helped to secure new training positions in the region.
Werkzeugbau Laichingen GmbH's insolvency has led to the loss of around 100 jobs. While the company's future remains uncertain, efforts are being made to support the affected employees during this transition period.
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