Stellantis Cuts 97 Jobs Amidst Italian Plant Restructuring
Stellantis terminated its contract with logistics firm Trasnova, causing 97 job losses in Italy; the company cites cost-cutting amid industry-wide challenges from European regulations, Chinese competition, and declining demand, while discussions are ongoing with the Italian government and unions to ...
Stellantis Cuts 97 Jobs Amidst Italian Plant Restructuring
Stellantis terminated its contract with logistics firm Trasnova, causing 97 job losses in Italy; the company cites cost-cutting amid industry-wide challenges from European regulations, Chinese competition, and declining demand, while discussions are ongoing with the Italian government and unions to ...
Progress
44% Bias Score
ETAS to Cut 400 Jobs Amidst Automotive Industry Crisis
Bosch subsidiary ETAS plans to cut up to 400 jobs globally by 2026 due to weak demand for intelligent driver assistance systems and the overall automotive industry crisis; this impacts approximately one-eighth of its workforce, with details on German job losses pending negotiations.
ETAS to Cut 400 Jobs Amidst Automotive Industry Crisis
Bosch subsidiary ETAS plans to cut up to 400 jobs globally by 2026 due to weak demand for intelligent driver assistance systems and the overall automotive industry crisis; this impacts approximately one-eighth of its workforce, with details on German job losses pending negotiations.
Progress
44% Bias Score
Airbus Cuts 2,043 Defense and Space Jobs
Airbus reduced its planned job cuts in the defense and space division to 2,043 by mid-2026, affecting 689 jobs in Germany and 1,354 in the UK, France, and Spain, with no compulsory redundancies; the restructuring aims to improve competitiveness in a changing satellite market.
Airbus Cuts 2,043 Defense and Space Jobs
Airbus reduced its planned job cuts in the defense and space division to 2,043 by mid-2026, affecting 689 jobs in Germany and 1,354 in the UK, France, and Spain, with no compulsory redundancies; the restructuring aims to improve competitiveness in a changing satellite market.
Progress
36% Bias Score
German Labor Minister Demands VW Job Security Amid Cost-Cutting Crisis
German Labor Minister Hubertus Heil demanded job security and ruled out layoffs at Volkswagen amid a cost-cutting crisis, while VW CEO Oliver Blume defended the measures and stated the need for cost reductions. 47,000 VW workers in Wolfsburg staged a warning strike on Monday.
German Labor Minister Demands VW Job Security Amid Cost-Cutting Crisis
German Labor Minister Hubertus Heil demanded job security and ruled out layoffs at Volkswagen amid a cost-cutting crisis, while VW CEO Oliver Blume defended the measures and stated the need for cost reductions. 47,000 VW workers in Wolfsburg staged a warning strike on Monday.
Progress
48% Bias Score
MMG to Cut 1,428 Jobs at CCF in Restructuring Plan
My Money Group (MMG) announced a plan to cut 1,428 jobs (36% of its workforce) at its French subsidiary, Crédit Commercial de France (CCF), reducing the number of agencies from 235 to 151, prioritizing voluntary departures but not excluding forced ones; the decision is based on geographic coverage, ...
MMG to Cut 1,428 Jobs at CCF in Restructuring Plan
My Money Group (MMG) announced a plan to cut 1,428 jobs (36% of its workforce) at its French subsidiary, Crédit Commercial de France (CCF), reducing the number of agencies from 235 to 151, prioritizing voluntary departures but not excluding forced ones; the decision is based on geographic coverage, ...
Progress
48% Bias Score
Volkswagen Workers Protest Potential Layoffs in Baunatal
On December 3rd, 2024, roughly 8,000 Volkswagen employees in Baunatal, Germany, protested potential factory closures, mass layoffs, and salary reductions, highlighting the precarious situation of both permanent and temporary workers and the potential for significant economic disruption.
Volkswagen Workers Protest Potential Layoffs in Baunatal
On December 3rd, 2024, roughly 8,000 Volkswagen employees in Baunatal, Germany, protested potential factory closures, mass layoffs, and salary reductions, highlighting the precarious situation of both permanent and temporary workers and the potential for significant economic disruption.
Progress
56% Bias Score
Airbus DS to Cut 2,043 Jobs Amidst Satellite Project Setbacks
Airbus Defence and Space is cutting 2,043 jobs globally by mid-2026, with significant losses in France and Germany, due to €1.6 billion in provisions from satellite development setbacks; the CGT union protests the plan, citing high workload and future projects.
Airbus DS to Cut 2,043 Jobs Amidst Satellite Project Setbacks
Airbus Defence and Space is cutting 2,043 jobs globally by mid-2026, with significant losses in France and Germany, due to €1.6 billion in provisions from satellite development setbacks; the CGT union protests the plan, citing high workload and future projects.
Progress
60% Bias Score
Airbus Cuts 2,043 Defence and Space Jobs Amidst Restructuring
Airbus is cutting 2,043 jobs (5%) in its Defence and Space division, mainly in Space Systems due to €1.5 billion in satellite writedowns, impacting Germany (689), France (540), Britain (477), and Spain (303) by mid-2026, as part of restructuring plan "Project Proton" to counter low-Earth-orbit satel...
Airbus Cuts 2,043 Defence and Space Jobs Amidst Restructuring
Airbus is cutting 2,043 jobs (5%) in its Defence and Space division, mainly in Space Systems due to €1.5 billion in satellite writedowns, impacting Germany (689), France (540), Britain (477), and Spain (303) by mid-2026, as part of restructuring plan "Project Proton" to counter low-Earth-orbit satel...
Progress
36% Bias Score
Airbus Cuts 2,043 Jobs in Defense and Space Division
Airbus reduced its planned job cuts in the defense and space division to 2,043 positions, affecting 689 jobs in Germany and 1,354 in other European countries, with no compulsory redundancies.
Airbus Cuts 2,043 Jobs in Defense and Space Division
Airbus reduced its planned job cuts in the defense and space division to 2,043 positions, affecting 689 jobs in Germany and 1,354 in other European countries, with no compulsory redundancies.
Progress
36% Bias Score
Baywa to Cut 1300 Jobs in Restructuring Plan
Faced with over €5 billion in debt and significant losses, Baywa AG, Germany's largest agricultural trader, is cutting 1300 jobs (16% of its workforce), closing 26 locations, and selling international holdings to restructure by the end of 2027.
Baywa to Cut 1300 Jobs in Restructuring Plan
Faced with over €5 billion in debt and significant losses, Baywa AG, Germany's largest agricultural trader, is cutting 1300 jobs (16% of its workforce), closing 26 locations, and selling international holdings to restructure by the end of 2027.
Progress
40% Bias Score
Baywa AG Announces Restructuring Plan to Address €5 Billion Debt
Baywa AG, facing a €5 billion debt and €640 million loss in 2023, announced a restructuring plan involving 40% job cuts at its Munich headquarters and the sale of international assets to secure €1 billion in funding and return to profitability by 2027.
Baywa AG Announces Restructuring Plan to Address €5 Billion Debt
Baywa AG, facing a €5 billion debt and €640 million loss in 2023, announced a restructuring plan involving 40% job cuts at its Munich headquarters and the sale of international assets to secure €1 billion in funding and return to profitability by 2027.
Progress
60% Bias Score
Stellantis's Turin Plant Job Cuts Reflect European Auto Industry Crisis
Stellantis's Mirafiori plant in Turin, Italy, has placed 3,200 workers on technical unemployment due to low vehicle demand and the slow sales of electric vehicles, reflecting the broader European auto industry crisis and the challenges of transitioning to electric vehicles.
Stellantis's Turin Plant Job Cuts Reflect European Auto Industry Crisis
Stellantis's Mirafiori plant in Turin, Italy, has placed 3,200 workers on technical unemployment due to low vehicle demand and the slow sales of electric vehicles, reflecting the broader European auto industry crisis and the challenges of transitioning to electric vehicles.
Progress
60% Bias Score