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BMW JOB CUTS
BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...- China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
- Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- Meta to lay off 8,000 employees on May 20: What will be the severance package for staff by Mark Zuckerberg's company?Meta layoffs: Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is ...
- India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce MinistryThe India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch around 2 billion people, making i...
- SAP to cut 3,000 jobs, explore Qualtrics stake saleSAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon announced thousands of layoffs...
- Uber weighs purchase of BMW-Daimler ride-hailing ventureUber has been looking to shed minority holdings in several ride-hailing operations recently, including portions of its stakes in China’s Di...
- Tatas Group begins hunt for a partner for Jaguar, approaches Geely & BMWTata Group has said it’s open to finding partners for JLR to save costs & share burden of investing in e-cars.
- BMW should buy Jaguar Land Rover from Tata Group, Bernstein saysBuying JLR for $11.2 billion could add 20% to BMW’s earnings, according to Bernstein.
- Battle for Silicon Valley heats up between Tesla, BMW and CadillacBMW scored a coup this month when former Apple executive Tony Fadell became one of the first US owners of the new $136,000 i8 plug-in sport...
- BMW says to axe 850 Mini jobs in BritainGerman automaker BMW said on Monday that it would shed 850 workers at its plant in Cowley, England, where it makes the Mini, as the global ...
- BMW says to axe 850 Mini jobs in UKGerman automaker BMW said on Monday that it would shed 850 workers at its plant in Cowley, England, where it makes the Mini, as the global ...
- BMW cuts working hours as sales plungeBMW said that 26,000 of its workers across Germany would have their hours cut from February, as the Bavarian luxury carmaker battles with t...
- BMW to reduce work hours for 26,000 employeesCarmaker BMW AG said Tuesday it would reduce the working hours for some 26,000 German employees as part of efforts to slow production amid ...
- European leaders meet over finance crisis as stocks surgeLeaders of Britain, France and the European Union gathered Monday for a mini-summit on the world financial crisis as stock markets across E...
- Govts, central banks wage war on recession as jobs data cast gloomUS economy suffered its worst monthly job losses since 1974, underscoring the depth of the global financial crisis. Job reductions I Ghosts...
- Carmakers feel the pinch as crisis pains Wall StEurope's carmakers are cutting production and reporting falling sales in a clear sign that the global financial crisis is spreading from ba...
- New Indian owner of UK firm assures unions of no job cutsThe new Leicestershire-based engineering company has promised local unions that no jobs will be cut after the takeover and announced plans ...
- BMW to cut jobs in Germany, up US productionBMW says it will cut 7.5% of its work force in Germany over two years while increasing production in the US by more than 50% by 2012.
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