Microsoft layoffs: 4,800 jobs cut worldwide as Xbox to shed 3,200 roles Microsoft layoffs: Company will cut 4,800 positions globally, mostly in Xbox where 3,200 roles will go; 1,600 cuts …
jobs
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Politics
Coalition announces sweeping reform package to boost Germany’s growth and jobs
by Hans Ottoby Hans OttoGermany unveils “Program for Upswing and Employment” with tax, labour and pension reforms Chancellor Merz on July 2, 2026, presented the Program for Upswing and Employment, a package of more …
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Business
German pension commission proposes capital-backed reform, economist warns it will cost jobs
by Leo Müllerby Leo MüllerCapital-funded pension plan sparks heated economic debate in Germany Germany’s pension commission has proposed a capital-funded pension element, prompting warnings from economists that a capital-funded pension could slow growth and …
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Business
Volkswagen cost-cutting plan threatens German factories and jobs
by Leo Müllerby Leo MüllerVW restructuring threatens German plants as states and unions dig in German states, unions and automakers clash over VW restructuring plans that could target Neckarsulm, Zwickau, Hannover and Emden, raising …
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Business
Siemens announces €300 million German investment to create 700 jobs by 2030
by Leo Müllerby Leo MüllerSiemens investment in Germany: €300 million to expand Frankfurt plants and build Offenbach supplier Siemens investment in Germany: the technology group will spend €300 million to expand manufacturing in Frankfurt …
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Business
Tesla Announces Grünheide Production Boost to Create 1,000 New Jobs
by Leo Müllerby Leo MüllerTesla to raise output at Grünheide plant to 7,500 cars/week, creating 3,500 jobs Tesla to raise output at its Grünheide plant to 7,500 cars/week in Oct 2026, adding 1,000 jobs; …
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Business
Renewable energy jobs hit 2025 record as Bertelsmann warns thousands at risk
by Leo Müllerby Leo MüllerRecord surge in renewable energy jobs in Germany hits 436,000 in 2025, study warns reforms could cost positions Bertelsmann study finds renewable energy jobs in Germany reached 436,000 in 2025, …
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Business
China export surge threatens European industry and jobs, leaders warn
by Leo Müllerby Leo MüllerChina exports to Europe surge, threatening key industries and jobs Rising exports from China to Europe are outpacing EU shipments and pressuring manufacturers across the bloc, from automakers to energy-equipment …
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Remote work, not AI, linked to lower entry-level hiring in two studies Two studies suggest remote work, not AI, is reducing entry-level hiring. Experts assess causes and employer steps to …
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Business
Wall Street stocks tumble after strong US jobs report raises rate concerns
by Leo Müllerby Leo MüllerUS jobs report sparks Wall Street sell-off as rate fears resurface Strong US jobs report reignites rate fears and triggers a Wall Street sell-off, with tech and semiconductors leading declines …