Showing 49 to 60 of 302 results
JLR to Cut 500 UK Jobs Amidst Sales Slump and Tariff Impacts
Jaguar Land Rover will cut up to 500 UK management jobs, a 1.5% reduction, following a 15.1% sales drop in Q2 2024, partly due to US tariffs and increased employer national insurance contributions; a recent trade deal mitigated further losses but challenges persist.
JLR to Cut 500 UK Jobs Amidst Sales Slump and Tariff Impacts
Jaguar Land Rover will cut up to 500 UK management jobs, a 1.5% reduction, following a 15.1% sales drop in Q2 2024, partly due to US tariffs and increased employer national insurance contributions; a recent trade deal mitigated further losses but challenges persist.
Progress
48% Bias Score
Bayer Extends CEO's Contract Amidst Restructuring
Bayer CEO Bill Anderson's contract is extended by three years until March 2028, following a restructuring that has eliminated 11,000 jobs and aims for €2 billion in cost savings by 2026, to address legal challenges stemming from the Monsanto acquisition.
Bayer Extends CEO's Contract Amidst Restructuring
Bayer CEO Bill Anderson's contract is extended by three years until March 2028, following a restructuring that has eliminated 11,000 jobs and aims for €2 billion in cost savings by 2026, to address legal challenges stemming from the Monsanto acquisition.
Progress
44% Bias Score
Thyssenkrupp Steel Agrees to Restructuring Plan with Significant Employee Pay Cuts and Job Losses
Germany's largest steel producer, Thyssenkrupp Steel Europe, is undergoing a major restructuring involving an 8% pay cut for 26,300 employees, the elimination of holiday bonuses and other payments, 5300 job cuts, and a reduction in production capacity to address economic challenges and competition.
Thyssenkrupp Steel Agrees to Restructuring Plan with Significant Employee Pay Cuts and Job Losses
Germany's largest steel producer, Thyssenkrupp Steel Europe, is undergoing a major restructuring involving an 8% pay cut for 26,300 employees, the elimination of holiday bonuses and other payments, 5300 job cuts, and a reduction in production capacity to address economic challenges and competition.
Progress
48% Bias Score
Daimler Truck to Cut 5,000 German Jobs by 2030
Daimler Truck announced 5,000 job cuts in Germany by 2030 to improve profitability following a 5% drop in Q2 sales, aiming to save over €1 billion annually through the "Cost Down Europe" program, primarily using attrition and early retirement.
Daimler Truck to Cut 5,000 German Jobs by 2030
Daimler Truck announced 5,000 job cuts in Germany by 2030 to improve profitability following a 5% drop in Q2 sales, aiming to save over €1 billion annually through the "Cost Down Europe" program, primarily using attrition and early retirement.
Progress
44% Bias Score
Daimler Truck to Cut 5,000 Jobs in Germany to Boost Profitability
Daimler Truck plans to cut around 5,000 jobs in Germany by 2030 to improve profitability, following decreased sales due to weak European economic conditions and a decline in orders from freight companies; the company aims to increase its operating margin to over 12% by 2030.
Daimler Truck to Cut 5,000 Jobs in Germany to Boost Profitability
Daimler Truck plans to cut around 5,000 jobs in Germany by 2030 to improve profitability, following decreased sales due to weak European economic conditions and a decline in orders from freight companies; the company aims to increase its operating margin to over 12% by 2030.
Progress
40% Bias Score
Wehkamp Cuts 10% of Workforce Amidst Financial Losses
Dutch online retailer Wehkamp is cutting 103 jobs (10% of its workforce) at its Zwolle and Hilversum offices to simplify the organization and address three years of financial losses, totaling nearly €8.7 million last year.
Wehkamp Cuts 10% of Workforce Amidst Financial Losses
Dutch online retailer Wehkamp is cutting 103 jobs (10% of its workforce) at its Zwolle and Hilversum offices to simplify the organization and address three years of financial losses, totaling nearly €8.7 million last year.
Progress
40% Bias Score
5,000 ZF Employees to Protest Planned Benefit Cuts
ZF's workforce will protest against planned benefit cuts on July 29th in Friedrichshafen, Germany, coinciding with a supervisory board meeting; the protest follows announcements of drastic cost-cutting measures and a loss of confidence in management, with 5,700 jobs already cut this year and plans f...
5,000 ZF Employees to Protest Planned Benefit Cuts
ZF's workforce will protest against planned benefit cuts on July 29th in Friedrichshafen, Germany, coinciding with a supervisory board meeting; the protest follows announcements of drastic cost-cutting measures and a loss of confidence in management, with 5,700 jobs already cut this year and plans f...
Progress
40% Bias Score
ZF Workers to Protest Cost-Cutting Measures
On July 29th, 5,000 ZF Friedrichshafen employees will protest against new cost-cutting measures, including cuts to above-scale benefits, following previous work hour reductions and planned job cuts of up to 14,000 in Germany by 2028, as the company attempts to address over a billion euro loss in 202...
ZF Workers to Protest Cost-Cutting Measures
On July 29th, 5,000 ZF Friedrichshafen employees will protest against new cost-cutting measures, including cuts to above-scale benefits, following previous work hour reductions and planned job cuts of up to 14,000 in Germany by 2028, as the company attempts to address over a billion euro loss in 202...
Progress
40% Bias Score
Thyssenkrupp Steel Agrees to Restructuring Plan with Significant Employee Concessions
Germany's largest steelmaker, Thyssenkrupp Steel Europe, and the IG Metall union agreed to a restructuring plan involving an eight percent average pay cut for 26,300 employees, 5,300 job cuts by 2028, plant closures, and reduced production capacity to address economic difficulties, high energy costs...
Thyssenkrupp Steel Agrees to Restructuring Plan with Significant Employee Concessions
Germany's largest steelmaker, Thyssenkrupp Steel Europe, and the IG Metall union agreed to a restructuring plan involving an eight percent average pay cut for 26,300 employees, 5,300 job cuts by 2028, plant closures, and reduced production capacity to address economic difficulties, high energy costs...
Progress
44% Bias Score
Daimler Truck to Cut 5,000 German Jobs by 2030
Daimler Truck announced it will cut 5,000 jobs in Germany by 2030 to improve profitability following a 5% drop in second-quarter sales, aiming to save over €1 billion annually through the "Cost Down Europe" program, primarily using attrition and early retirement, with no forced layoffs until 2034.
Daimler Truck to Cut 5,000 German Jobs by 2030
Daimler Truck announced it will cut 5,000 jobs in Germany by 2030 to improve profitability following a 5% drop in second-quarter sales, aiming to save over €1 billion annually through the "Cost Down Europe" program, primarily using attrition and early retirement, with no forced layoffs until 2034.
Progress
32% Bias Score
Daimler Truck Launches €1 Billion Cost-Cutting Program, Targeting Increased Profitability
Daimler Truck aims to increase its operating margin from 8.9% to over 12% by 2030 through a €1 billion cost-cutting program involving potential job reductions (around 5,000) and production relocation, following decreased 2024 profits and a competitive challenge by the supervisory board.
Daimler Truck Launches €1 Billion Cost-Cutting Program, Targeting Increased Profitability
Daimler Truck aims to increase its operating margin from 8.9% to over 12% by 2030 through a €1 billion cost-cutting program involving potential job reductions (around 5,000) and production relocation, following decreased 2024 profits and a competitive challenge by the supervisory board.
Progress
44% Bias Score
UPS Announces 20,000 Job Cuts and Facility Closures
UPS is offering voluntary buyouts to its US drivers following the announcement of 20,000 job cuts and 73 facility closures, part of a \$3.5 billion cost-reduction plan aiming for a 12 percent US operational margin by next year; this follows the company's decision to halve Amazon deliveries and comes...
UPS Announces 20,000 Job Cuts and Facility Closures
UPS is offering voluntary buyouts to its US drivers following the announcement of 20,000 job cuts and 73 facility closures, part of a \$3.5 billion cost-reduction plan aiming for a 12 percent US operational margin by next year; this follows the company's decision to halve Amazon deliveries and comes...
Progress
44% Bias Score
Showing 49 to 60 of 302 results