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BMW profit decline deepens as Q2 net income falls 35% and China sales collapse BMW profit decline hits Q2 results: net income down 35% as China sales slump. Company unveils …

BMW announces 8,000 job cuts worldwide as industry crisis deepens BMW job cuts of 8,000 roles will hit more than half of reductions in Germany, the company says, as wider …

Porsche job cuts: H1 2026 profit rises to €1.07bn despite falling revenue and deliveries Porsche to cut 5,000 jobs in Germany as H1 2026 revenue falls 5.1% to €17.3 billion …

German steel industry faces deep restructuring as modest production uptick fails to stem job losses German steel industry faces shrinking production and thousands of job cuts as green transition begins; …

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 …

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 …

Salzgitter to acquire Ruhr’s second-largest steelworks despite years of losses Salzgitter acquires the Ruhr region’s second-largest steelworks despite losses since 2023; CEO Gunnar Groebler defends the move amid 2,000 planned …

Telefónica Deutschland job cuts: O2 plans 1,100 layoffs and 60 store closures Telefónica Deutschland to cut 1,100 full-time roles at O2 and close 60 owned shops by year-end; restructuring costs …