Mercedes is set to lay off tens of thousands of employees as part of a restructuring to respond to market conditions. Following Volkswagen’s announcement of over...
German unions’ proposals to cut costs at Volkswagen do not go far enough, Volkswagen CEO Oliver Blume told employees on Wednesday. “We, the management, do not...
Volkswagen CEO Thomas Schaefer said the company still plans to close factories in Germany even though the union voted to go on strike in early December....
On Thursday, thousands of Volkswagen employees protested against the automaker’s severe cost-cutting measures, coinciding with the start of significant negotiations between management and unions. About 6,000...
Volkswagen employees are planning to strike on Monday to protest the company’s plans to close factories in Germany. Union leaders will inform workers at 11 German...
General Motors (GM) has announced that it will reduce the number of employees in the software and services division. The reason for the dismissal of more...
Stellantis announces that it is distributing an additional amount to its employees due to last year’s profits. This profit sharing amounts to a total of approximately 1.9...
Volkswagen is on the eve of a huge round of savings. This is evident from reporting from not the least party: Reuters. Volkswagen CEO Thomas Schäfer is said...
Almost 500 Boeing 737 MAX planes have been grounded around the world since mid-March following two deadly crashes of the World’s best selling aircraft over five months that...