Latest in Historic moment for Volkswagen: Automaker plans to close ‘at least’ 3 German plants and cut thousands of jobs
Sort by
3,742 items
-
-
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - 3 days ago -
PepsiCo to Eliminate 400 Jobs as It Shutters 4 Bottling Plants
The closures will affect workers in Cincinnati, Chicago, Harrisburg and Atlanta.Business - Inc. - October 30 -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - October 30 -
-
Inside the Audacious Plan to Reopen Three Mile Island's Nuclear Plant
AI’s thirst for energy sealed the deal between Microsoft and Constellation on the plant, where memories of a partial meltdown in 1979 still resonate.Business - The Wall Street Journal - November 10 -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - November 12 -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - November 14 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - 4 days ago -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - Yesterday -
German police break up an environmental activists' camp near Tesla plant outside Berlin
German police have broken up a protest camp housing environmental activists in a forest near the Tesla electric car factory in Grünheide outside Berlin, citing violations of public safety and orderWorld - ABC News - 4 days ago -
Grupo Simec Steel-Plant Explosion Leaves at Least 12 Workers Dead in Mexico
An explosion and fire at a steel plant operated by Grupo Simec in central Mexico left at least 12 workers dead and another injured.World - The Wall Street Journal - October 30 -
Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expensesBusiness - MarketWatch - October 30 -
-
-
-
Volunteers enter South Africa shaft to aid miners
This week a government minister said those underground illegally would be "smoked out".Top stories - BBC News - November 15 -
Jobs Data Come as the Fed Stares Down a Complex Moment
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates.Business - The New York Times - November 1 -
Germany Shuts 3 Iranian Consulates Over Execution of German-Iranian
The rare step of closing the consulates reflected German protests over the execution of Jamshid Sharmahd, an outspoken opponent of the Iranian regime.World - The New York Times - October 31 -
SNP plans to cut staff at party headquarters
The SNP's ruling body has proposed cutting staff the number of staff at its headquarters from 26 to 16.Top stories - BBC News - November 16 -
Russia arrests a German national accused of planning to sabotage energy facilities
Russia’s top domestic security agency says it arrested a German national it accused of planning to sabotage energy facilities on orders from a Ukrainian nationalWorld - ABC News - 3 days ago -
-
Spain will legalize hundreds of thousands of undocumented migrants in next 3 years
Spain will grant residency and work permits to about 300,000 migrants in the country illegally each year for the next three yearsWorld - ABC News - 3 days ago -
UK Post Office to close 115 branches, putting hundreds of jobs at risk
Interim chair Nigel Railton to set out plans to try to strengthen lossmaking businessBusiness - Financial Times - November 13 -
Post Office could close 115 branches with jobs at risk
Hundreds of head office workers are facing cuts and loss-making branches are under threat of closure.Top stories - BBC News - November 13 -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - November 7 -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
Restaurant workers' jobs threatened by Budget, bosses warn
Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.Top stories - BBC News - November 10 -
Boeing to Repay Furloughed Staff and Cut 10 Percent of Jobs
Boeing furloughed thousands employees in the wake of the strike by 33,000 union machinists.Business - Inc. - November 10 -
GM Cuts 1,000 More Jobs as EV Push Continues
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.Business - The Wall Street Journal - November 15
