Tag #Economic Downturn

Showing 169 to 171 of 171 results

english.kyodonews.net

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Nov 7, 16:28

Nissan Cuts 9,000 Jobs Amidst Financial Struggles

Nissan announces 9,000 job cuts and a 20% reduction in production capacity due to weak performance in the US and China.

Nissan Cuts 9,000 Jobs Amidst Financial Struggles

Nissan announces 9,000 job cuts and a 20% reduction in production capacity due to weak performance in the US and China.

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What are the main reasons behind Nissan's poor performance?

The job cuts and production reduction are in response to struggling businesses in the U.S. and China, where increased incentives and competition with affordable EVs have hurt sales.

lexpress.fr

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Nov 5, 13:23

Michelin Factory Closures in France

Michelin to close French tire factories, resulting in significant job losses.

Michelin Factory Closures in France

Michelin to close French tire factories, resulting in significant job losses.

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What support will be provided to the affected employees?

Affected employees will receive support through job placement assistance, both within and outside Michelin, as well as early retirement options. The company also promises to create at least as many jobs as those lost in the affected regions.

gr.euronews.com

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Nov 6, 13:04

Job Cuts Hit European Retail and Auto Sectors

Major job cuts announced by French grocery chain Auchan and German auto parts maker Schaeffler reflect challenges in retail and automotive sectors.

Job Cuts Hit European Retail and Auto Sectors

Major job cuts announced by French grocery chain Auchan and German auto parts maker Schaeffler reflect challenges in retail and automotive sectors.

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How many jobs is Schaeffler planning to cut, and why?

Schaeffler, a German automotive parts manufacturer, plans to cut 4,700 jobs across Europe, primarily in Germany, due to lower European car production and weakness in various industrial sectors.

Showing 169 to 171 of 171 results