Showing 121 to 132 of 200 results
Continental to Cut 3,000 More Jobs Amidst Automotive Industry Crisis
Continental, a German automotive supplier, will cut an additional 3,000 jobs globally by 2026, primarily in research and development, bringing the total job cuts to over 10,000, impacting Germany heavily with the closure of the Nürnberg site, due to the challenging automotive market.
Continental to Cut 3,000 More Jobs Amidst Automotive Industry Crisis
Continental, a German automotive supplier, will cut an additional 3,000 jobs globally by 2026, primarily in research and development, bringing the total job cuts to over 10,000, impacting Germany heavily with the closure of the Nürnberg site, due to the challenging automotive market.
Progress
44% Bias Score
Le Parisien Cuts 39 Jobs Amidst €33 Million Loss
Le Parisien, owned by LVMH, is cutting 29 journalistic and 10 support positions in a restructuring plan aimed at addressing €33 million in 2024 losses caused by inflation and rising costs, with the new structure featuring thematic editorial teams.
Le Parisien Cuts 39 Jobs Amidst €33 Million Loss
Le Parisien, owned by LVMH, is cutting 29 journalistic and 10 support positions in a restructuring plan aimed at addressing €33 million in 2024 losses caused by inflation and rising costs, with the new structure featuring thematic editorial teams.
Progress
40% Bias Score
SEPI's Potential Equity Injection to Save Duro Felguera
Duro Felguera's stock price jumped 10% on February 11th, due to the anticipation of SEPI converting a "120 million euro loan" into equity on February 12th, a crucial step in the company's pre-bankruptcy restructuring process that ends March 11th, to avoid complete bankruptcy.
SEPI's Potential Equity Injection to Save Duro Felguera
Duro Felguera's stock price jumped 10% on February 11th, due to the anticipation of SEPI converting a "120 million euro loan" into equity on February 12th, a crucial step in the company's pre-bankruptcy restructuring process that ends March 11th, to avoid complete bankruptcy.
Progress
36% Bias Score
Meta Cuts 3,600 Jobs Amidst AI Hiring Push
Meta is cutting approximately 3,600 jobs (5% of its workforce) globally today, primarily through performance-based terminations, while simultaneously expanding its AI engineering teams, reflecting an industry-wide shift towards specialized talent acquisition.
Meta Cuts 3,600 Jobs Amidst AI Hiring Push
Meta is cutting approximately 3,600 jobs (5% of its workforce) globally today, primarily through performance-based terminations, while simultaneously expanding its AI engineering teams, reflecting an industry-wide shift towards specialized talent acquisition.
Progress
40% Bias Score
Porsche's Crisis Response: Heavy Investment, Margin Drop
Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.
Porsche's Crisis Response: Heavy Investment, Margin Drop
Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.
Progress
40% Bias Score
Trump to Replace Kennedy Center Board, Appoint Himself Chairman
President Trump announced Friday he will replace the Kennedy Center's board of trustees, including Chairman David Rubenstein, and appoint himself chairman, citing disagreements over programming and a desire to reshape the nation's cultural center.
Trump to Replace Kennedy Center Board, Appoint Himself Chairman
President Trump announced Friday he will replace the Kennedy Center's board of trustees, including Chairman David Rubenstein, and appoint himself chairman, citing disagreements over programming and a desire to reshape the nation's cultural center.
Progress
68% Bias Score
HSBC Announces Further Job Cuts After £1.2 Billion Restructuring
HSBC CEO Georges Elhedery will announce further job cuts next week, part of a restructuring that saved the bank £1.2 billion, impacting the investment banking division in UK, Europe, and the US, while boosting 2024 profits to £25.4 billion and increasing dividends.
HSBC Announces Further Job Cuts After £1.2 Billion Restructuring
HSBC CEO Georges Elhedery will announce further job cuts next week, part of a restructuring that saved the bank £1.2 billion, impacting the investment banking division in UK, Europe, and the US, while boosting 2024 profits to £25.4 billion and increasing dividends.
Progress
40% Bias Score
Commerzbank Raises Targets, Announces Job Cuts to Deter Unicredit Takeover
Commerzbank raised profit and efficiency targets, announced 3900 job cuts, and plans to distribute all annual profits until 2028 to increase shareholder value and potentially thwart a Unicredit takeover; its share price increased by over 1% on Thursday.
Commerzbank Raises Targets, Announces Job Cuts to Deter Unicredit Takeover
Commerzbank raised profit and efficiency targets, announced 3900 job cuts, and plans to distribute all annual profits until 2028 to increase shareholder value and potentially thwart a Unicredit takeover; its share price increased by over 1% on Thursday.
Progress
40% Bias Score
Gazprom Announces Restructuring, Potential Job Cuts Following 2023 Losses
Gazprom announced new appointments to key administrative roles, part of a cost-cutting and efficiency-boosting restructuring plan involving a potential reduction of 1600 headquarters staff, following a year of significant losses due to reduced gas exports to Europe.
Gazprom Announces Restructuring, Potential Job Cuts Following 2023 Losses
Gazprom announced new appointments to key administrative roles, part of a cost-cutting and efficiency-boosting restructuring plan involving a potential reduction of 1600 headquarters staff, following a year of significant losses due to reduced gas exports to Europe.
Progress
20% Bias Score
Vox Creates 12-Member Spokesperson Team to Centralize Power and Project Government Readiness
Following internal tensions, Vox created a 12-member national spokesperson team, led by José Antonio Fúster, to centralize decision-making and project a government-ready image, impacting party strategy and public perception.
Vox Creates 12-Member Spokesperson Team to Centralize Power and Project Government Readiness
Following internal tensions, Vox created a 12-member national spokesperson team, led by José Antonio Fúster, to centralize decision-making and project a government-ready image, impacting party strategy and public perception.
Progress
44% Bias Score
Volkswagen Announces 35,000 Job Cuts Amidst Global Market Challenges
Volkswagen Group announced a compromise with the IG Metall union involving 35,000 job cuts over six years to improve competitiveness amid a stagnating global auto market and increased competition, particularly from China, while simultaneously pledging to launch a €20,000 electric vehicle and an elec...
Volkswagen Announces 35,000 Job Cuts Amidst Global Market Challenges
Volkswagen Group announced a compromise with the IG Metall union involving 35,000 job cuts over six years to improve competitiveness amid a stagnating global auto market and increased competition, particularly from China, while simultaneously pledging to launch a €20,000 electric vehicle and an elec...
Progress
48% Bias Score
Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin
Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.
Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin
Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.
Progress
44% Bias Score
Showing 121 to 132 of 200 results