Showing 85 to 96 of 240 results
Audi to Cut 7,500 German Jobs by 2029
Audi announced 7,500 job cuts in Germany by 2029, primarily in administration and development, to improve efficiency and avoid compulsory redundancies until 2033, despite a previous proposal for 12,000 job cuts. Employee profit sharing will be reduced to offset costs.
Audi to Cut 7,500 German Jobs by 2029
Audi announced 7,500 job cuts in Germany by 2029, primarily in administration and development, to improve efficiency and avoid compulsory redundancies until 2033, despite a previous proposal for 12,000 job cuts. Employee profit sharing will be reduced to offset costs.
Progress
44% Bias Score
Bosch Home Comfort Group Reports 12.5% Revenue Drop in 2024
Bosch Home Comfort Group reported a €4.4 billion revenue in 2024, a 12.5 percent decrease year-on-year due to low consumer spending and investment; however, it outperformed the industry decline and expects growth to resume from 2026, supported by a planned acquisition of parts of Johnson Controls' b...
Bosch Home Comfort Group Reports 12.5% Revenue Drop in 2024
Bosch Home Comfort Group reported a €4.4 billion revenue in 2024, a 12.5 percent decrease year-on-year due to low consumer spending and investment; however, it outperformed the industry decline and expects growth to resume from 2026, supported by a planned acquisition of parts of Johnson Controls' b...
Progress
36% Bias Score
Daimler Truck Announces €1 Billion Cost-Cutting Program
Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, impacting all cost categories, including personnel, although no compulsory redundancies are planned in Germany until the end of 2029; negoti...
Daimler Truck Announces €1 Billion Cost-Cutting Program
Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, impacting all cost categories, including personnel, although no compulsory redundancies are planned in Germany until the end of 2029; negoti...
Progress
32% Bias Score
Tate Cuts 7% of Workforce Due to Pandemic Funding Deficit
Facing a pandemic-related funding deficit, Tate, a British arts institution with four galleries, is cutting 7% of its workforce (about 40 roles) through voluntary departures and recruitment freezes to achieve financial stability, despite domestic visitor numbers returning to pre-pandemic levels.
Tate Cuts 7% of Workforce Due to Pandemic Funding Deficit
Facing a pandemic-related funding deficit, Tate, a British arts institution with four galleries, is cutting 7% of its workforce (about 40 roles) through voluntary departures and recruitment freezes to achieve financial stability, despite domestic visitor numbers returning to pre-pandemic levels.
Progress
36% Bias Score
1,900 U.S. Department of Education Jobs Cut, Sparking Controversy
The U.S. Department of Education announced 1,900 job cuts, sparking immediate reactions; teacher unions and parent groups condemned the move, fearing negative impacts on students, while school choice advocates celebrated it as a step towards returning education control to states and parents.
1,900 U.S. Department of Education Jobs Cut, Sparking Controversy
The U.S. Department of Education announced 1,900 job cuts, sparking immediate reactions; teacher unions and parent groups condemned the move, fearing negative impacts on students, while school choice advocates celebrated it as a step towards returning education control to states and parents.
Progress
56% Bias Score
Cariad Job Cuts Disputed Amidst Volkswagen Software Strategy Shift
Volkswagen's software subsidiary Cariad plans to cut 1,600 jobs by year's end, a move disputed by the works council who claim no such agreement exists; the cuts aim to improve efficiency and align with VW's new strategy focusing on external partnerships, while the council prioritizes maintaining pro...
Cariad Job Cuts Disputed Amidst Volkswagen Software Strategy Shift
Volkswagen's software subsidiary Cariad plans to cut 1,600 jobs by year's end, a move disputed by the works council who claim no such agreement exists; the cuts aim to improve efficiency and align with VW's new strategy focusing on external partnerships, while the council prioritizes maintaining pro...
Progress
40% Bias Score
Baywa Restructures Green Energy Subsidiary, Averts Equity Crisis
The Baywa Group announced a revised rescue plan for its struggling green energy subsidiary, Baywa r.e., securing €435 million in new loans and spinning off its stake to avoid negative equity and a potential shareholder meeting; this follows a €640 million net loss in the first nine months of 2024 an...
Baywa Restructures Green Energy Subsidiary, Averts Equity Crisis
The Baywa Group announced a revised rescue plan for its struggling green energy subsidiary, Baywa r.e., securing €435 million in new loans and spinning off its stake to avoid negative equity and a potential shareholder meeting; this follows a €640 million net loss in the first nine months of 2024 an...
Progress
40% Bias Score
EY Cuts 30 Partners Amid Consulting Downturn
EY is cutting 30 partners, its largest single cut in decades, due to a 4 percent decline in consulting revenue and a 5 percent drop in average partner profits to £723,000, reflecting decreased client spending caused by inflation and rising interest rates, impacting the firm's overall strategy and th...
EY Cuts 30 Partners Amid Consulting Downturn
EY is cutting 30 partners, its largest single cut in decades, due to a 4 percent decline in consulting revenue and a 5 percent drop in average partner profits to £723,000, reflecting decreased client spending caused by inflation and rising interest rates, impacting the firm's overall strategy and th...
Progress
40% Bias Score
Daimler Truck Announces €1 Billion Cost-Cutting Program
Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, including job cuts but excluding compulsory redundancies in Germany until 2029; negotiations with the works council are ongoing.
Daimler Truck Announces €1 Billion Cost-Cutting Program
Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, including job cuts but excluding compulsory redundancies in Germany until 2029; negotiations with the works council are ongoing.
Progress
32% Bias Score
Pharmaceutical Layoffs Reflect Industry Pressures and Strategic Challenges
Facing financial pressures from natural business cycles and regulatory changes, major pharmaceutical companies like Moderna, Biogen, and Johnson & Johnson are laying off employees, raising concerns about the future of research and development.
Pharmaceutical Layoffs Reflect Industry Pressures and Strategic Challenges
Facing financial pressures from natural business cycles and regulatory changes, major pharmaceutical companies like Moderna, Biogen, and Johnson & Johnson are laying off employees, raising concerns about the future of research and development.
Progress
36% Bias Score
Ford Cologne Plant Faces Closure Amid Worker Protest
Ford's Cologne plant faces potential closure after the US parent company ended its financial protection, sparking a protest by 100 employees who are concerned about the planned job losses of 2900 in three years and the lack of a future plan by the management. The IG Metall union vows to fight back, ...
Ford Cologne Plant Faces Closure Amid Worker Protest
Ford's Cologne plant faces potential closure after the US parent company ended its financial protection, sparking a protest by 100 employees who are concerned about the planned job losses of 2900 in three years and the lack of a future plan by the management. The IG Metall union vows to fight back, ...
Progress
52% Bias Score
NOAA Job Cuts Jeopardize Weather Forecasting and Public Safety
On February 27th, 2024, over 800 NOAA employees were fired as part of a federal cost-cutting initiative, raising concerns about the accuracy of weather forecasts and public safety due to reduced staff and operational shutdowns.
NOAA Job Cuts Jeopardize Weather Forecasting and Public Safety
On February 27th, 2024, over 800 NOAA employees were fired as part of a federal cost-cutting initiative, raising concerns about the accuracy of weather forecasts and public safety due to reduced staff and operational shutdowns.
Progress
60% Bias Score
Showing 85 to 96 of 240 results