KBA, which announced earlier this month that layoffs might be coming, has now apparently told employees at its Trennfeld plant that there will be 400 layoffs among KBA's three web-press plants. I say "apparently" because the German magazine Druck & Media, which posted this news on its website, has been unable to get confirmation from KBA.
There's a bit more detail here: KBA plans to lay off 400 in web-press manufacturing
There's a bit more detail here: KBA plans to lay off 400 in web-press manufacturing