Tag #Cost-Cutting

nbcnews.com
🌐 85% Global Worthiness
News related image

Stellantis CEO Carlos Tavares Resigns Amid Financial Struggles

Stellantis CEO Carlos Tavares resigned Sunday due to differing views with the board, effective immediately; the company will search for a replacement during the first half of 2025, while chairman John Elkann leads an interim committee.

Progress

44% Bias Score

Decent Work and Economic Growth
independent.co.uk
🌐 % Global Worthiness
News related image

Wood Group Shares Plummet Amidst Business Review

Wood Group's shares hit a 20-year low after announcing a business review following project write-downs and failed takeover bids.

Progress

0% Bias Score

es.euronews.com
🌐 75% Global Worthiness
News related image

Volkswagen Strike Looms in Germany

The IG Metall union in Germany has issued a strike notice for Volkswagen in December due to failed negotiations over cost-cutting measures. Workers have proposed salary reductions to prevent plant closures, but a strike remains a possibility.

Progress

40% Bias Score

Decent Work and Economic Growth