Showing 25 to 36 of 302 results
German Automakers' Cost Cuts Threaten Eastern German Jobs"
Brandenburg's Economics Minister Daniel Keller criticized German automakers' cost-cutting plans, fearing job losses in Eastern Germany, particularly at Mercedes-Benz's Ludwigsfelde plant where job security is guaranteed until the end of 2029. He plans to meet with Mercedes to discuss the plant's fut...
German Automakers' Cost Cuts Threaten Eastern German Jobs"
Brandenburg's Economics Minister Daniel Keller criticized German automakers' cost-cutting plans, fearing job losses in Eastern Germany, particularly at Mercedes-Benz's Ludwigsfelde plant where job security is guaranteed until the end of 2029. He plans to meet with Mercedes to discuss the plant's fut...
Progress
40% Bias Score
ZF Reports €195 Million Loss, Announces Further Job Cuts
ZF Friedrichshafen, a major German auto supplier, reported a €195 million loss in the first half of 2024, attributing it to slow electric vehicle adoption, reduced orders, and high restructuring costs. The company is cutting up to 14,000 jobs in Germany by 2028 and is considering strategic options f...
ZF Reports €195 Million Loss, Announces Further Job Cuts
ZF Friedrichshafen, a major German auto supplier, reported a €195 million loss in the first half of 2024, attributing it to slow electric vehicle adoption, reduced orders, and high restructuring costs. The company is cutting up to 14,000 jobs in Germany by 2028 and is considering strategic options f...
Progress
44% Bias Score
ZF Reports €1 Billion Loss, Announces Major Restructuring
ZF Friedrichshafen, a German automotive supplier, reported a €1 billion loss in 2024, primarily due to a struggling powertrain division and high debt, prompting significant job cuts and potential restructuring of its core business areas.
ZF Reports €1 Billion Loss, Announces Major Restructuring
ZF Friedrichshafen, a German automotive supplier, reported a €1 billion loss in 2024, primarily due to a struggling powertrain division and high debt, prompting significant job cuts and potential restructuring of its core business areas.
Progress
52% Bias Score
ZF Friedrichshafen Continues Job Cuts Amidst Slow E-Mobility Growth
ZF Friedrichshafen, a German auto supplier, is continuing job cuts due to slow e-mobility adoption and US tariffs, reporting a 10.3% revenue drop to €19.7 billion despite an increased adjusted EBIT of €874 million in the first half of 2024. Over 10,000 employees protested against the cost-cutting me...
ZF Friedrichshafen Continues Job Cuts Amidst Slow E-Mobility Growth
ZF Friedrichshafen, a German auto supplier, is continuing job cuts due to slow e-mobility adoption and US tariffs, reporting a 10.3% revenue drop to €19.7 billion despite an increased adjusted EBIT of €874 million in the first half of 2024. Over 10,000 employees protested against the cost-cutting me...
Progress
56% Bias Score
ZF Friedrichshafen Faces Worker Protests Amidst 14,000 Job Cut Plan
Thousands of ZF Friedrichshafen employees protested job cuts at German sites, including 6,000 in Friedrichshafen and 4,500 in Schweinfurt, following management's announcement of up to 14,000 job cuts by 2028 due to declining orders and high costs of electric motor transition.
ZF Friedrichshafen Faces Worker Protests Amidst 14,000 Job Cut Plan
Thousands of ZF Friedrichshafen employees protested job cuts at German sites, including 6,000 in Friedrichshafen and 4,500 in Schweinfurt, following management's announcement of up to 14,000 job cuts by 2028 due to declining orders and high costs of electric motor transition.
Progress
36% Bias Score
ZF Friedrichshafen Faces Mass Protests Amidst Planned Job Cuts
Thousands of ZF Friedrichshafen employees protested in Germany against planned job cuts totaling up to 14,000 by 2028, amidst company losses exceeding €1 billion in 2023 and potential restructuring of its 'E-Division'.
ZF Friedrichshafen Faces Mass Protests Amidst Planned Job Cuts
Thousands of ZF Friedrichshafen employees protested in Germany against planned job cuts totaling up to 14,000 by 2028, amidst company losses exceeding €1 billion in 2023 and potential restructuring of its 'E-Division'.
Progress
48% Bias Score
Daimler Truck Forecasts Significant Sales and Profit Decline, Announces Job Cuts
Daimler Truck's Q2 results showed a 5% decline in sales, a 6% drop in revenue to €11.8 billion, and a 4% decrease in adjusted EBIT to €1.1 billion; the company forecasts an 11% sales decline to 410,000 vehicles and a 13% revenue drop to €44 billion by the end of the year, prompting 2,000 job cuts in...
Daimler Truck Forecasts Significant Sales and Profit Decline, Announces Job Cuts
Daimler Truck's Q2 results showed a 5% decline in sales, a 6% drop in revenue to €11.8 billion, and a 4% decrease in adjusted EBIT to €1.1 billion; the company forecasts an 11% sales decline to 410,000 vehicles and a 13% revenue drop to €44 billion by the end of the year, prompting 2,000 job cuts in...
Progress
52% Bias Score
German Automakers Face Steep Profit Decline Amidst Industry Transformation
German automakers, including Porsche, Mercedes-Benz, Volkswagen, and BMW, reported significant profit declines (ranging from 29% to 71%) in the first half of 2024, attributed to a slow transition to electric vehicles and autonomous driving technologies, leading to calls for government subsidies and ...
German Automakers Face Steep Profit Decline Amidst Industry Transformation
German automakers, including Porsche, Mercedes-Benz, Volkswagen, and BMW, reported significant profit declines (ranging from 29% to 71%) in the first half of 2024, attributed to a slow transition to electric vehicles and autonomous driving technologies, leading to calls for government subsidies and ...
Progress
56% Bias Score
ZF Friedrichshafen Faces €1 Billion Loss, Plans 14,000 Job Cuts
ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €1 billion loss in 2022 and plans to cut up to 14,000 jobs in Germany by 2028 due to the automotive industry downturn, high debt from past acquisitions, and low profitability in its powertrain division; the company is exploring o...
ZF Friedrichshafen Faces €1 Billion Loss, Plans 14,000 Job Cuts
ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €1 billion loss in 2022 and plans to cut up to 14,000 jobs in Germany by 2028 due to the automotive industry downturn, high debt from past acquisitions, and low profitability in its powertrain division; the company is exploring o...
Progress
44% Bias Score
ZF Friedrichshafen Reports Loss, Plans Layoffs Amidst Restructuring
ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €195 million first-half loss due to stagnant vehicle production, slow electric vehicle adoption, and US trade uncertainties, prompting intensified cost-cutting and potential layoffs while restructuring its powertrain division.
ZF Friedrichshafen Reports Loss, Plans Layoffs Amidst Restructuring
ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €195 million first-half loss due to stagnant vehicle production, slow electric vehicle adoption, and US trade uncertainties, prompting intensified cost-cutting and potential layoffs while restructuring its powertrain division.
Progress
52% Bias Score
ZF Faces Protests Amidst Further Job Cut Plans
Facing financial difficulties, ZF, a major auto supplier, plans further job cuts, prompting up to 2,000 employees in Saarbrücken to protest against potential plant closure, alongside protests at other German locations; the company aims to cut 14,000 jobs in Germany by 2028.
ZF Faces Protests Amidst Further Job Cut Plans
Facing financial difficulties, ZF, a major auto supplier, plans further job cuts, prompting up to 2,000 employees in Saarbrücken to protest against potential plant closure, alongside protests at other German locations; the company aims to cut 14,000 jobs in Germany by 2028.
Progress
44% Bias Score
ZF Employees Protest Cost-Cutting Measures Amidst Financial Crisis
ZF, a major German auto supplier, faces protests from approximately 4,000 employees in Friedrichshafen and other locations on Tuesday due to planned cost-cutting measures, including potential job cuts and pay reductions, stemming from over €1 billion in losses last year and high debt from acquisitio...
ZF Employees Protest Cost-Cutting Measures Amidst Financial Crisis
ZF, a major German auto supplier, faces protests from approximately 4,000 employees in Friedrichshafen and other locations on Tuesday due to planned cost-cutting measures, including potential job cuts and pay reductions, stemming from over €1 billion in losses last year and high debt from acquisitio...
Progress
40% Bias Score
Showing 25 to 36 of 302 results