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The creator economy has a new middle classYoung workers now see social media influencing as a plausible career pivot. This shift allows them to earn income through brand deals and p...- Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
- Global demand puts India's two-wheeler exports back in top gearBajaj Auto and TVS Motor reported strong international sales in the June quarter. This marks a significant turnaround for India's two-wheel...
- Disney layoffs: Hundreds of jobs cut across ESPN, Pixar, other unitsWalt Disney Company has initiated significant workforce reductions across its various business units. Corporate teams, ESPN, and film studi...
- AI will not trigger employment collapse, staffing company Adecco Group saysAI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...
- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- Amazon cuts jobs in its artificial general intelligence groupArtificial general intelligence is a hypothetical AI system that surpasses human intelligence and can learn, grow and operate autonomousl...
- How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
- Volkswagen workers to grill CEO on overhaul threatening 140,000 jobs, works council saysVolkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...
- 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...
- Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gapVolkswagen's CEO revealed plans for up to 50,000 additional job cuts. This move aims to match rival automakers' competitiveness and reduce ...
- Volkswagen CEO looks to avoid plant closures as automaker moves to cut costsVolkswagen's CEO is pursuing cost cuts to improve automaker performance. He aims to avoid closing German plants while streamlining the mode...
- 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...
- Volkswagen rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
- 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 ...
- What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...
- Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
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