Showing 37 to 48 of 302 results
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
Canada to Cut 57,000 Public Sector Jobs by 2028
The Canadian government plans to cut 57,000 public sector jobs by 2028, impacting services nationwide and disproportionately affecting younger workers, to offset increased military spending and tax cuts, according to a new report by the Canadian Centre for Policy Alternatives.
Canada to Cut 57,000 Public Sector Jobs by 2028
The Canadian government plans to cut 57,000 public sector jobs by 2028, impacting services nationwide and disproportionately affecting younger workers, to offset increased military spending and tax cuts, according to a new report by the Canadian Centre for Policy Alternatives.
Progress
56% Bias Score
Contrasting Fortunes for Carrefour and Alcampo in Spain
Carrefour in Spain reported a 1.7% increase in net income to €5.586 billion in the first half of 2024, while Alcampo experienced a 2.5% decrease to €2.166 billion, leading to a restructuring with 565 job cuts and 15 store closures.
Contrasting Fortunes for Carrefour and Alcampo in Spain
Carrefour in Spain reported a 1.7% increase in net income to €5.586 billion in the first half of 2024, while Alcampo experienced a 2.5% decrease to €2.166 billion, leading to a restructuring with 565 job cuts and 15 store closures.
Progress
40% Bias Score
Bosch Announces Over 1,500 Job Cuts in Germany Amidst Automotive Market Challenges
Bosch plans to cut over 1,500 jobs in Germany, primarily in Reutlingen and at its Bosch Engineering subsidiary, due to falling vehicle production numbers, increased competition, and pressure on pricing in the automotive control unit market, leading to workforce reductions to ensure future competitiv...
Bosch Announces Over 1,500 Job Cuts in Germany Amidst Automotive Market Challenges
Bosch plans to cut over 1,500 jobs in Germany, primarily in Reutlingen and at its Bosch Engineering subsidiary, due to falling vehicle production numbers, increased competition, and pressure on pricing in the automotive control unit market, leading to workforce reductions to ensure future competitiv...
Progress
40% Bias Score
EPA Eliminates Research Office, Cuts 3,700 Jobs
The EPA announced Friday it is eliminating its Office of Research and Development, cutting nearly 3,700 jobs—a 23% reduction—to save $750 million, shifting research to program offices focused on air and water; this follows a Supreme Court ruling and 139 employees being put on leave for dissent.
EPA Eliminates Research Office, Cuts 3,700 Jobs
The EPA announced Friday it is eliminating its Office of Research and Development, cutting nearly 3,700 jobs—a 23% reduction—to save $750 million, shifting research to program offices focused on air and water; this follows a Supreme Court ruling and 139 employees being put on leave for dissent.
Progress
60% Bias Score
German Steel Production Plunges 12% Amidst Economic Crisis
Germany's steel production fell nearly 12 percent in the first half of 2025 to 17.1 tons due to foreign competition and weak domestic demand, mirroring 2009 crisis levels; Thyssenkrupp is cutting 11,000 jobs.
German Steel Production Plunges 12% Amidst Economic Crisis
Germany's steel production fell nearly 12 percent in the first half of 2025 to 17.1 tons due to foreign competition and weak domestic demand, mirroring 2009 crisis levels; Thyssenkrupp is cutting 11,000 jobs.
Progress
56% Bias Score
Volkswagen Q2 Profit Plunges Amidst Restructuring and Market Challenges
Volkswagen's second-quarter profit fell by over one-third to €2.29 billion, primarily due to underperformance by luxury brands Porsche and Audi, high restructuring costs, and lower margins on electric vehicles; the company now expects lower profit margins for 2023.
Volkswagen Q2 Profit Plunges Amidst Restructuring and Market Challenges
Volkswagen's second-quarter profit fell by over one-third to €2.29 billion, primarily due to underperformance by luxury brands Porsche and Audi, high restructuring costs, and lower margins on electric vehicles; the company now expects lower profit margins for 2023.
Progress
48% Bias Score
UK Job Cuts Surge Amidst Labour's National Insurance Increase
Labour's £25 billion national insurance increase is causing the fastest job losses in the private sector since February, impacting economic growth, and potentially pushing the Bank of England to cut interest rates. The July PMI report shows private sector activity growing at just 0.1 percent, with s...
UK Job Cuts Surge Amidst Labour's National Insurance Increase
Labour's £25 billion national insurance increase is causing the fastest job losses in the private sector since February, impacting economic growth, and potentially pushing the Bank of England to cut interest rates. The July PMI report shows private sector activity growing at just 0.1 percent, with s...
Progress
68% Bias Score
Adamo Reduces Job Cuts After Union Negotiations
Adamo, a Spanish telecommunications company, reduced its job cuts from 83 to 66 following negotiations with labor unions, including severance packages and social support measures, due to economic pressures from investments and organizational restructuring.
Adamo Reduces Job Cuts After Union Negotiations
Adamo, a Spanish telecommunications company, reduced its job cuts from 83 to 66 following negotiations with labor unions, including severance packages and social support measures, due to economic pressures from investments and organizational restructuring.
Progress
36% Bias Score
Bosch Announces Over 1,500 Job Cuts in Germany Amidst Automotive Industry Restructuring
Bosch plans to cut over 1,500 jobs in Germany, primarily impacting its Reutlingen plant and Bosch Engineering subsidiary, due to shrinking car production, intensified competition, and price pressure; the company will also invest in semiconductor production.
Bosch Announces Over 1,500 Job Cuts in Germany Amidst Automotive Industry Restructuring
Bosch plans to cut over 1,500 jobs in Germany, primarily impacting its Reutlingen plant and Bosch Engineering subsidiary, due to shrinking car production, intensified competition, and price pressure; the company will also invest in semiconductor production.
Progress
36% Bias Score
Porsche Announces Further Cost Cuts Amidst Declining Profits
Porsche CEO Oliver Blume announced a new cost-cutting plan for 2025 due to declining profits caused by decreased sales in China, increased US tariffs, and slow e-mobility transition; the company's first-quarter 2025 operating profit fell 40.6 percent to €0.76 billion.
Porsche Announces Further Cost Cuts Amidst Declining Profits
Porsche CEO Oliver Blume announced a new cost-cutting plan for 2025 due to declining profits caused by decreased sales in China, increased US tariffs, and slow e-mobility transition; the company's first-quarter 2025 operating profit fell 40.6 percent to €0.76 billion.
Progress
44% Bias Score
Siemens Averts Major Layoffs, Announces €50 Million Transformation Fund
Siemens, facing criticism over 6,000 global job cuts, reached three agreements with unions: a €50 million transformation fund, a deal on German job reductions (around 2,750), and improved wages for 11,000 employees, aiming for internal job transitions rather than layoffs.
Siemens Averts Major Layoffs, Announces €50 Million Transformation Fund
Siemens, facing criticism over 6,000 global job cuts, reached three agreements with unions: a €50 million transformation fund, a deal on German job reductions (around 2,750), and improved wages for 11,000 employees, aiming for internal job transitions rather than layoffs.
Progress
44% Bias Score
Showing 37 to 48 of 302 results