Walt Disney Company has initiated significant workforce reductions across its various business units. Corporate teams, ESPN, and film studi...

AI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...

Uber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...

Artificial general intelligence is a hypothetical AI system that surpasses human intelligence ⁠and can ⁠learn, grow and operate autonomousl...

HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...

Volkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...

AI 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 Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...

Volkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...

China's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...

Volkswagen's CEO revealed plans for up to 50,000 additional job cuts. This move aims to match rival automakers' competitiveness and reduce ...

Volkswagen's CEO is pursuing cost cuts to improve automaker performance. He aims to avoid closing German plants while streamlining the mode...

German engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...

Volkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...

Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...

Germany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...