Volkswagen will eliminate another 50,000 positions by 2030 as falling profits, weaker Chinese sales, fierce competition and changing automotive technology… Read More
BMW has announced plans to reduce its global workforce by 8,000 employees through voluntary severance programmes. The move targets administrative,… Read More
Bosch will cut 13,000 jobs in Germany as part of €2.5bn savings, blaming global competition, weak auto demand, and Donald… Read More
Stuttgart, Germany – Luxury carmaker Porsche has announced plans to cut 1,900 jobs by 2029 as it grapples with weaker-than-expected… Read More
In a statement released on Tuesday, CEO Greg Poux-Guillaume emphasized the company's recent performance and outlined the strategy behind the… Read More
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