At the Volkswagen plant in Baunatal, employees rallied in a tense assembly amid fears of job cuts and restructuring. Longtime worker Thorsten Donnermeier emphasized the impact on the local community, while union leaders vowed to escalate actions if negotiations fail….
Carlos Tavares has been ousted as CEO of Stellantis after a decade at the helm, facing pressure from the board due to strategic differences. Tavares, who previously revitalized Peugeot and led the merger with Fiat Chrysler, leaves behind a company…
Carlos Tavares has resigned as CEO of Stellantis following pressure from the board, triggering reactions from employees. Union representative Jean-Pierre Mercier asserts that despite the leadership change, job cuts and factory closures are expected to continue, particularly with upcoming closures…
Carlos Tavares, the CEO of Stellantis, has resigned unexpectedly amid a significant decline in the company’s sales and stock price, which has dropped by 40% this year. His departure comes as Stellantis faces scrutiny over plans to close its Vauxhall…
Volkswagen workers are set to engage in warning strikes at their German factories starting Monday, December 2, in response to proposed layoffs. The IG Metall union emphasized that this could lead to one of the toughest collective bargaining conflicts in…
Decathlon has announced it will pay a €1 billion dividend to its majority shareholder, the Mulliez family association, despite ongoing job threats at Auchan, where 2,400 jobs are at risk. Unions criticized the decision, highlighting a lack of funds for…
Airesis, the parent company of sports equipment brand Coq Sportif, has entered judicial restructuring amid job cuts in France. The Paris Commercial Court has granted a six-month observation period to address the brand’s challenges while protecting its 330 employees. The…
Bosch, the German automotive supplier, has announced plans to cut an additional 5,500 jobs worldwide, with 3,800 positions affected in Germany. This follows a previous restructuring that aimed to eliminate 7,000 jobs. The cuts mainly impact divisions focused on software…
Bosch has announced plans to cut up to 5,550 jobs due to ongoing challenges in the automotive sector. Over 3,800 of these layoffs will occur in Germany, significantly affecting the Cross-Domain Computing Solutions division, which handles assistance systems and automated…
Bosch, the automotive supplier, plans to cut thousands of jobs worldwide due to weak demand, with approximately 3,800 positions expected to be eliminated in Germany. The company indicated a total potential reduction of up to 5,550 jobs in the coming…
Ford has announced plans to eliminate 4,000 jobs in Europe over the next three years, primarily affecting Germany, due to disappointing demand for electric vehicles. The company’s Cologne plant, which employs 11,500 staff and produces electric models like the Explorer…
Ford Motor Company announced plans to eliminate approximately 2,900 jobs in Germany by the end of 2027, primarily at its Cologne plant. The reduction is part of a broader strategy that aims to cut about 4,000 positions across Europe, driven…
