Tag #Restructuring

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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.

lexpress.fr

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Nov 5, 13:23

Michelin Factory Closures in France

Michelin to close French tire factories, resulting in significant job losses.

Michelin Factory Closures in France

Michelin to close French tire factories, resulting in significant job losses.

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What support will be provided to the affected employees?

Affected employees will receive support through job placement assistance, both within and outside Michelin, as well as early retirement options. The company also promises to create at least as many jobs as those lost in the affected regions.

lemonde.fr

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Nov 5, 13:18

Fret SNCF Restructuring and the Future of French Rail Freight

The restructuring of Fret SNCF, a French freight railway operator, due to European Commission rulings on state aid and its implications for the French rail freight market.

Fret SNCF Restructuring and the Future of French Rail Freight

The restructuring of Fret SNCF, a French freight railway operator, due to European Commission rulings on state aid and its implications for the French rail freight market.

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What is the planned future of Fret SNCF?

Fret SNCF, following years of dispute, will dissolve into two entities, Technis (maintenance) and Hexafret (freight), by January 1st, 2025. This decision followed a ruling by the European Commission after they determined that Fret SNCF received illegal state aid.

Showing 121 to 123 of 123 results