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 ...
12 May, 2026, 11.59 AM IST
Think layoffs are bad now? Executives warn millions of jobs could be axed in 2026Many companies may cut jobs in 2026 as they use more artificial intelligence. A new survey shows big firms are planning layoffs, especially...
26 Dec, 2025, 10.43 PM IST
Will European Union give ground on 2035 combustion-engine ban?Europe's embattled auto industry and its backers are ramping up pressure on the EU to relax its planned 2035 ban on new petrol and diesel c...
06 Dec, 2025, 01.17 PM IST
Germany is just making too much money in China to back away nowGerman companies are investing billions more in China, ignoring government warnings. Automakers and chemical giants are deepening ties. Thi...
16 Nov, 2025, 02.58 PM IST
'Why not?' Europeans warming up to Chinese electric carsChinese electric vehicle (EV) makers are aggressively targeting the European market, showcasing their technology-packed EVs at the Munich a...
11 Sep, 2025, 03.37 PM IST
How rich is Khaby Lame? Inside the net worth of TikTok’s most-followed starKhaby Lame, the TikTok sensation, faced a setback after reportedly being detained by ICE agents at Las Vegas airport for allegedly overstay...
11 Jun, 2025, 02.32 PM IST
Trump's auto tariffs could give Tesla and Elon Musk a leg up on rivalsTesla may benefit from the new auto tariffs announced by President Trump, as their U.S.-made vehicles won't be subject to the tariffs. Howe...
27 Mar, 2025, 07.55 PM IST
Automakers thrived in the pandemic. Many are now struggling.Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, politi...
16 Dec, 2024, 07.13 AM IST
Trump's tariffs would deal a big blow to the auto industryThe prospect of disruptive tariffs hits the industry at a perilous moment. Virtually all automakers are struggling with sagging consumer de...
27 Nov, 2024, 10.29 AM IST
Volkswagen closure: Workers aren't the only ones worriedVolkswagen is considering closing some factories in Germany for the first time in its history to meet cost-cutting goals. The automaker aim...
09 Sep, 2024, 12.01 AM IST
As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worriedVolkswagen is considering closing some factories in Germany for the first time in its history to meet cost-cutting goals. The company needs...
08 Sep, 2024, 01.20 PM IST
IPO-bound cos wary after poll results; NBFCs’ balancing actHappy Friday! New-age firms planning to go public are moving cautiously as stock market volatility remains a concern after the 2024 general...
07 Jun, 2024, 07.32 AM IST
Racial tensions cost Germany Inc. skilled foreign labourBetween 2013 and 2022, the number of xenophobic hate crime cases reported to the Interior Ministry in Germany more than tripled to over 10,...
27 Mar, 2024, 01.51 PM IST
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...
26 Jan, 2023, 02.20 PM IST
BMW to lay off 10,000 contract workers: SourceThe Munich-based company said earlier on Friday it had reached an agreement with the works council a package of "personnel measures for a s...
19 Jun, 2020, 05.12 PM IST
- As debt grows, US car owners turn to fraud
Financially strapped car owners in the United States are torching, sinking or ditching their vehicles and then reporting them stolen to cas...
10 Jun, 2009, 04.57 PM IST
- Carmakers feel the pinch as crisis pains Wall St
Europe's carmakers are cutting production and reporting falling sales in a clear sign that the global financial crisis is spreading from ba...
08 Oct, 2008, 06.45 PM IST