Groupe SEB to Cut Jobs: WMF Layoffs Hit German Sites Amid Cost-Saving Drive Groupe SEB announces WMF layoffs and factory closures in Germany, cutting jobs to save €200M as retail …
factory
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Business
BYD Zhengzhou factory mapped as world’s largest, raising global labor rights concerns
by Leo Müllerby Leo MüllerBYD Zhengzhou factory exposes scale and strains of China’s export-driven production model Satellite imagery shows BYD Zhengzhou factory spans roughly 50 km², highlighting rapid expansion and mounting scrutiny over worker …
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Business
Infineon opens Dresden chip factory three months early €5bn investment
by Leo Müllerby Leo MüllerInfineon Dresden chip factory opens Smart Power Fab in Dresden, three months early Infineon Dresden chip factory Smart Power Fab opens after a three-year build; €5 billion investment, €920 million …
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Technology
Isar Aerospace builds Parsdorf factory to mass-produce up to 40 rockets annually
by Helga Moritzby Helga MoritzIsar Aerospace Builds 40,000 m² Parsdorf Factory to Produce Up to 40 Rockets Annually Isar Aerospace is constructing a 40,000 m² factory in Parsdorf near Munich to mass-produce rockets, aiming …
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Business
Varta shutters Nördlingen factory after Apple ends supply contract
by Leo Müllerby Leo MüllerVarta plant closure confirmed after Apple ends supply contract Varta plant closure in Nördlingen announced after Apple ends its supply deal; 350 jobs will be affected and the site will …
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Business
BioNTech confirms 1,860 job cuts and factory closures to refocus on oncology
by Leo Müllerby Leo MüllerBioNTech layoffs: 1,860 roles cut as founders defend closures and shareholders back capital moves BioNTech layoffs: 1,860 jobs to be cut and production sites closed through 2027 as founders step …
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Technology
Isar Aerospace builds 40,000-square-meter Parsdorf factory to produce 40 rockets annually
by Helga Moritzby Helga MoritzIsar Aerospace Parsdorf Factory to Produce Up to 40 Rockets a Year Isar Aerospace Parsdorf factory set to mass-produce rockets on a 40,000 sqm campus near Munich, targeting up to …
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Business
Mayer & Cie rescued as Chinese investor Xu Hongjie acquires Tailfingen factory
by Leo Müllerby Leo MüllerMayer & Cie takeover: Chinese entrepreneur Xu Hongjie completes purchase to save historic Swabian machine maker Chinese investor buys Mayer & Cie in Tailfingen, pledging to keep production and development …
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World
Palestine Action defendant testifies assaulted by security guard during Elbit factory raid
by anna walterby anna walterElbit factory raid: defendant says security guard assaulted him during Filton break-in A defendant in the Elbit factory raid at Filton told jurors he was assaulted multiple times by a …
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Technology
Factory raises $150 million at $1.5 billion valuation to accelerate AI-assisted coding
by Helga Moritzby Helga MoritzFactory Raises $150 Million to Power AI-Assisted Coding for Enterprise Engineering Teams Factory secures $150M at a $1.5B valuation to scale AI-assisted coding tools for engineering teams, backed by Khosla, …