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Porsche to cut 5,000 jobs, extends site guarantee to 2035 and pledges €2.1bn investment Porsche to cut 5,000 jobs in coming years; company and works council extend site guarantee to …

Porsche to cut 5,000 jobs and guarantee employment to 2035, triggering a power struggle at Volkswagen Porsche to cut 5,000 roles and reduce capacity in Baden-Württemberg while offering employment security …

Monday.com leads fresh wave of AI layoffs, cutting roughly 20% of staff Monday.com will cut about 20% of its global workforce as part of an AI-driven restructuring, joining a surge …

Volkswagen profit falls 32.9% in Q2 to €1.54bn as China sales and deliveries slump Volkswagen posts 32.9% Q2 net profit drop to €1.54bn, deliveries fall in China and the group …

Merz cabinet reshuffle falters as transport replacement withdraws, prompting wider changes Germany’s Chancellor Friedrich Merz launched a cabinet reshuffle after Jens Spahn’s resignation, but the plan hit a snag when …

U.S. tariffs on imports from 60 countries imposed over forced labor concerns U.S. tariffs on imports target 60 trading partners with 10–12.5% levies for alleged failures to curb forced labor. …

US tariffs imposed on 60 partners over forced‑labor concerns draw global criticism US tariffs: Washington imposes 10-12.5% duties on imports from about 60 partners over forced‑labor concerns, drawing criticism from …

Trump announces new tariffs of 10% and 12.5% on imports from 60 trading partners Trump unveils 10% and 12.5% tariffs on imports from 60 partners, citing forced-labor concerns under Section …

Porsche job cuts: Leiters to eliminate 5,000 roles while promising employment until 2035, sparking VW tensions Porsche job cuts: Michael Leiters will cut 5,000 positions and reduce Baden-Württemberg capacity while …