Tag #Job Cuts

Showing 13 to 24 of 302 results

sueddeutsche.de
🌐 85% Global Worthiness
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German Auto Suppliers Face Mass Job Cuts Amidst E-Mobility Transition

German automotive suppliers, including Bosch and ZF Friedrichshafen, are experiencing significant job losses due to reduced car production, the slow adoption of e-mobility, and increased competition, impacting nearly 15,000 jobs across Bosch alone.

Progress

28% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Mercedes-Benz to End Sprinter Production in Ludwigsfelde by 2030

Mercedes-Benz plans to cease Sprinter production at its Ludwigsfelde, Brandenburg plant by the end of 2029, shifting electric Sprinter production to Poland, impacting approximately 2,000 employees.

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24% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Art Gallery Job Cuts Amid Powerhouse Museum Budget Surge

Staff at the Art Gallery of NSW are staging a walkout to protest 51 job cuts amid a $7.5 million budget shortfall, while the Powerhouse Museum's budget increases by $10 million despite limited public access, causing concern about the NSW government's arts funding priorities.

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68% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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German Auto Industry Suffers 7% Job Losses Amidst Economic Crisis

A new EY study reveals that the German automotive industry has shed approximately 51,500 jobs (7% of the workforce) in the past year due to economic factors including competition from China, high energy costs, and US tariffs; broader industrial job losses reached 114,000.

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44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Porsche Halts Cellforce Battery Production, Laying Off 200 Employees

Porsche's Cellforce battery subsidiary will lay off roughly 200 of its 280 employees by November 30th, ending its battery production plans due to insufficient global demand for electric vehicles and economic constraints, despite receiving approximately €56 million in government subsidies.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 65% Global Worthiness
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Revolution Beauty Founders Return in Turnaround Bid

Revolution Beauty, valued at £11 million, abandoned its sale process and will be led by its co-founders in a turnaround effort involving a £15 million fundraise and significant job cuts to address a 29 percent year-on-year sales decline and a £16.8 million loss.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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European Auto Suppliers Face Mass Layoffs Amidst Industry Restructuring

Facing economic headwinds and the rapid shift to electric vehicles, major European auto suppliers like Bosch, Continental, ZF Friedrichshafen, Schaeffler, and Mahle are announcing significant job cuts and restructuring efforts, impacting thousands of employees across various countries.

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20% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 65% Global Worthiness
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Spanish Companies Favor Temporary Layoffs Over Permanent Job Cuts Amidst Economic Slowdown

In the first half of 2025, 38,350 Spanish employees were affected by temporary layoffs (ERTEs), a 31% decrease compared to the same period in 2024, while permanent layoffs (EREs) affected 18,540, slightly increasing by 2%. The decrease is attributed to a strong economy and employment growth.

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24% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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German Auto Industry Sheds 51,500 Jobs Amidst Trade War and EV Transition Challenges

The German automotive industry lost 51,500 jobs (7 percent) in a year due to trade disputes (27.5 percent US tariff), lagging EV transition, and competition from China's subsidized EV sector; this exceeds job losses in all other sectors, while overall German industries lost 114,000 jobs and experien...

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52% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Porsche Halts Cellforce Battery Production, Laying Off 200 Employees

Porsche's Cellforce battery subsidiary will lay off around 200 employees by November 30th, halting production due to slower-than-expected electric vehicle market growth and economic infeasibility, resulting in €295 million in write-downs and raising questions about the repayment of €56 million in pu...

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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11 Months of Job Cuts in Britain's Private Sector Amidst National Insurance Hike

Britain's private sector employers have cut jobs for 11 consecutive months due to the £25 billion employer national insurance increase, impacting employment numbers and causing a rise in unemployment, while the services sector shows accelerated growth.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Trump Administration Considers $10.5 Billion Intel Investment

The Trump administration is considering a $10.5 billion investment in Intel, acquiring a 10 percent stake and becoming its largest shareholder; this unprecedented peacetime move follows the president's demand for the CEO's resignation and aims to revitalize Intel's struggling business amidst $2.9 bi...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 302 results