Volkswagen layoffs unconfirmed as supervisory board receives 12-point transformation plan Volkswagen layoffs unconfirmed after supervisory board meeting; company presents 12-step plan and 2030 strategy while unions demand answers amid protests. …
job
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Business
Porsche plans management job cuts and will unveil future package late July
by Leo Müllerby Leo MüllerPorsche job cuts expected as automaker prepares further staff reductions by end of July Porsche job cuts are being prepared as the company plans management-focused staff reductions under a “Zukunftspaket” …
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Germany World Cup exit puts Julian Nagelsmann’s future under intense scrutiny Germany World Cup exit raises urgent questions for coach Julian Nagelsmann, possible successors and a squad overhaul as the …
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Politics
Germany’s coalition reform package boosts job prospects Federal Employment Agency confirms
by Hans Ottoby Hans OttoCoalition reform package seen as boost for Germany’s labour market, says BA Germany’s coalition reform package could give the labour market a significant boost, the Federal Employment Agency and researchers …
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Business
Volkswagen faces potential 100,000 job cuts as board set to review plan
by Leo Müllerby Leo MüllerVolkswagen job cuts loom as management withholds targets ahead of July 9 supervisory board meeting Volkswagen job cuts could reach 100,000 as management refuses to give targets; works council is …
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Business
German labor market weakens as ifo barometer signals renewed job cuts
by Leo Müllerby Leo MüllerGerman labor market softens as ifo employment barometer falls to 92.3 ifo employment barometer drops to 92.3 in June as the German labor market weakens; industry and retail plan layoffs …
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Politics
Volkswagen Plans Up to 100,000 Job Cuts as Minister Prien Proposes Parental Allowance Reform
by Hans Ottoby Hans OttoPrien’s parental allowance reform sparks debate as Volkswagen plans 100,000 job cuts and Istanbul verdict concludes Germany faces a turbulent policy and economic moment as Families Minister Prien unveils a …
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Business
Volkswagen warns of up to 60,000 job cuts amid Chinese competition
by Leo Müllerby Leo MüllerVolkswagen cost cuts escalate as Chinese rivals and politics squeeze German plants Volkswagen cost cuts accelerate as the company prepares deeper savings measures amid slowing demand, rising competition from Chinese …
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Business
Volkswagen plans 100,000 job cuts, doubling previous 50,000 target
by Leo Müllerby Leo MüllerVolkswagen job cuts doubled to 100,000 as supervisory board prepares July 9 review Volkswagen doubles planned job cuts to 100,000, provoking union and political backlash nationwide. Supervisory board will review …
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Business
Volkswagen plans up to 100,000 job cuts and four plant closures
by Leo Müllerby Leo MüllerVolkswagen job cuts of up to 100,000 reported in restructuring plan Volkswagen job cuts reported by German media could remove up to 100,000 roles worldwide as management weighs plant closures, …