Several automotive companies across Europe, including industry majors and parts suppliers, have recently announced plans for plant closures and big layoffs as they continue to struggle...
The carmaker said the European auto industry is facing unprecedented competitive, regulatory, and economic headwinds. “It is critical to take difficult but decisive action to ensure...
By Nick Carey and Tom Käckenhoff LONDON/COLOGNE (Reuters) – Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent...
By Nick Carey and Tom Käckenhoff LONDON/COLOGNE (Reuters) – Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent...
German automotive supplier Schaeffler has announced plans to cut 4,700 jobs across its European operations, with Germany bearing the brunt of the reductions, as the automotive...
Nokia recently announced a significant workforce reduction, impacting more than 2,000 jobs in China and Europe. This move is part of a wider strategic restructuring plan...
Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and plans to cut another 350 jobs...
Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some...
2 min read Last Updated : Jul 14 2024 | 7:06 PM IST Hindustan Unilever (HUL) will closely assess global initiatives of Unilever under the...
Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he...
(Adds Forvia, Societe Generale) The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layoffs or hiring...