Tag #Job Losses

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bbc.com

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Nov 8, 07:02

Nissan's Global Job Cuts

Nissan announces 9,000 job cuts globally due to falling sales in China and the US, impacting production and profits.

Nissan's Global Job Cuts

Nissan announces 9,000 job cuts globally due to falling sales in China and the US, impacting production and profits.

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What is Nissan's overall strategy despite the job cuts and reduced production?

Despite the job cuts, Nissan maintains that it is not shrinking but rather restructuring to become more efficient. The company still plans to invest in electric vehicle production at its Sunderland plant.

gr.euronews.com

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Nov 6, 13:04

Job Cuts Hit European Retail and Auto Sectors

Major job cuts announced by French grocery chain Auchan and German auto parts maker Schaeffler reflect challenges in retail and automotive sectors.

Job Cuts Hit European Retail and Auto Sectors

Major job cuts announced by French grocery chain Auchan and German auto parts maker Schaeffler reflect challenges in retail and automotive sectors.

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How many jobs is Schaeffler planning to cut, and why?

Schaeffler, a German automotive parts manufacturer, plans to cut 4,700 jobs across Europe, primarily in Germany, due to lower European car production and weakness in various industrial sectors.

lemonde.fr

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Nov 8, 10:02

Michelin Factory Closures Spark Worker Protests

Michelin's closure of its Cholet and Vannes factories leads to protests and job losses. Workers express anger and concern over the company's profitability amid closures.

Michelin Factory Closures Spark Worker Protests

Michelin's closure of its Cholet and Vannes factories leads to protests and job losses. Workers express anger and concern over the company's profitability amid closures.

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How did the workers react to the announcement?

The workers are particularly upset because Michelin reported profits of \$2 billion in 2023. They feel the company is prioritizing profits over employees and their communities.

sueddeutsche.de

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Nov 5, 13:15

Schaeffler Announces Major Job Cuts

Schaeffler to cut 4700 jobs in Europe to improve profitability, despite strong recent financial performance.

Schaeffler Announces Major Job Cuts

Schaeffler to cut 4700 jobs in Europe to improve profitability, despite strong recent financial performance.

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What is the primary financial goal of Schaeffler's restructuring plan?

The restructuring, costing \u20ac580 million, aims to achieve cost synergies from the recent Vitesco Technologies acquisition and improve the performance of its warehouse and industrial business.

Showing 217 to 220 of 220 results