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The car suppliers' deputy chairman said he couldn't rule out strikes this year as Bosch reels from low demand. German giant Bosch’s workers left in ‘absolutely unbearable’ environment amid ...
German Fortune 500 companies have announced over 60,000 layoffs this year, but the biggest employee cull is still to come Ryan Hogg Updated November 29, 2024 at 5:39 AM
Online used-car company Carvana cut 1,500 employees in November, or 8% of its workforce. It comes as the used-car market slows after booming during the height of the pandemic.
Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on Thursday, as it scrambles to reduce costs by $2.6 billion in the current fiscal year amid a ...
WOLFSBURG, Germany (Reuters) -Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it ...
WASHINGTON (Reuters) -The CEO of Jeff Bezos' Blue Origin announced in an all-hands call on Thursday company-wide layoffs of "about 10 percent" of its employees, a sweeping readjustment as it aims ...
President Donald Trump's proposed 25% tariffs on imports from Mexico and Canada and 10% on goods from China would likely raise the average price for a new car and could lead to massive layoffs ...
The company employs 122,000 people worldwide and more than 18,000 in the Fort Worth area, according to the Lockheed Martin website. “We are working with all impacted employees to help them ...