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Bosch 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 …

Commerzbank 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 …

Germany 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 …

Commerzbank raises 2030 targets and plans 3,000-job reduction amid UniCredit takeover bid Commerzbank boosts 2030 goals and plans about 3,000 job cuts as it pushes back against a UniCredit takeover …

DeepL layoffs: Cologne AI firm to cut 250 jobs as CEO cites structural shift driven by artificial intelligence DeepL layoffs: Cologne-based AI company will cut 250 positions as CEO Jarek …

Daimler Truck Q1 Profit Plunges 80% as North American Weakness Hits Sales Daimler Truck reports an 80% fall in first-quarter profit to €149 million, with revenue down 13% to €9.98 …

AI layoffs reshape big tech as Meta, Amazon and Microsoft cut office roles amid massive AI spending Major tech companies are enacting AI layoffs even as they pour billions into …

German government revises GKV savings package, drops general sick-pay cut German GKV savings package revised: broad sick-pay cut dropped; reductions only if employment ends during sick pay. Sugar levy from …

Meta layoffs to cut about 8,000 jobs as company prioritizes AI spending Meta layoffs will cut roughly 8,000 jobs as the company reshapes to fund large AI infrastructure spending; about …