ifo employment barometer rises to 93.9 in May 2026 as planned job cuts slow ifo employment barometer rises to 93.9 in May 2026 as German companies plan fewer job cuts; …
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Singapore warns of AI job losses as government expands aid and retraining Singapore warns of AI job losses as ministers unveil higher unemployment support, large retraining push and earlier AI …
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UniCredit takeover bid sparks Wiesbaden protests over potential 23,000 job cuts
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank sparks protests as employee cuts loom Commerzbank shareholders met in Wiesbaden amid protests over the proposed UniCredit takeover of Commerzbank, with staff warning the deal could …
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Business
Spain’s Job Boom Fueled by Migrants as Employment Reaches Record High
by Leo Müllerby Leo MüllerSpain’s job boom driven by migrant workforce lifts employment to historic highs Spain’s job boom is reshaping the labor market: migrants filled nearly 70% of 2.8 million jobs created since …
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Business
KUKA after a decade under Midea prompts job cuts and industry shifts
by Leo Müllerby Leo MüllerKUKA takeover turns ten: Augsburg plant weathers job cuts as innovation shifts toward China Ten years after the KUKA takeover by China’s Midea, Augsburg’s robotics leader faces job cuts, a …
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Business
Commerzbank announces 3,000 job cuts via AI to fend off UniCredit takeover
by Leo Müllerby Leo MüllerCommerzbank job cuts: bank to reduce about 3,000 roles, cites AI-driven savings while resisting UniCredit takeover Commerzbank job cuts: Bank plans roughly 3,000 role reductions using AI and cuts to …
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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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Business
Bosch announces 28,000 job cuts as it pivots away from battery production
by Leo Müllerby Leo MüllerBosch restructuring: German cuts and strategic shift as auto industry pivots to electrification Bosch restructuring prompts plans to cut about 28,000 jobs in Germany as the supplier recalibrates amid falling …
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Business
Commerzbank announces 3,000 job cuts citing AI to repel UniCredit takeover
by Leo Müllerby Leo MüllerCommerzbank Job Cuts: Bank to Shed About 3,000 Positions, Cites AI as Key Cost Driver in Bid Defense Commerzbank job cuts: the bank plans roughly 3,000 role reductions tied to …
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Business
German government extends PCK Schwedt refinery job guarantee to end 2026
by Leo Müllerby Leo MüllerGermany extends employment guarantee for PCK refinery Schwedt amid Russian oil transit halt Federal government extends employment guarantee for the PCK refinery Schwedt to the end of 2026 after Russia …