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EUROPEAN CARMAKERS LAYOFFS
'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- It’s not just Microsoft, Google, or Amazon — top European companies have also laid off a massive number of employees since April; here’s what you need to knowEuropean firms are reducing workforce due to economic challenges. Several companies including Stellantis, Volkswagen, and Volvo Trucks have...21 May, 2025, 07.55 PM IST
- Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting driveMercedes-Benz has secured agreement from its works council to implement cost-saving measures, including job buy-outs and halving planned sa...04 Mar, 2025, 02.18 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
- Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...02 Dec, 2024, 02.11 PM IST
- Strikes to hit Volkswagen in December as clash with labour escalatesVolkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...29 Nov, 2024, 03.09 PM IST
- Schaeffler to cut 4,700 jobs as clouds over Europe's auto sector darkenSchaeffler, a German auto parts manufacturer, announced 4,700 layoffs across Europe, primarily in Germany, citing a challenging market envi...05 Nov, 2024, 02.06 PM IST
- Europe's EV troubles bubble up at Brussels Audi factoryAudi's Brussels factory faces closure amid low demand for electric vehicles and competition from China. Workers have launched a strike, fea...16 Sep, 2024, 12.08 PM 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
- Changing times: Auto industry set to put brakes on central Europe's Covid-19 recoveryAfter communist rule ended three decades ago, the auto sector became an important source of foreign investment, employment and growth. But ...30 Jul, 2020, 12.29 PM IST
- Russian car giant Avtovaz to cut 27,600 jobsThe intended cuts therefore represent more than one quarter of the workforce at the company, which is 25 percent owned by France's Renault.24 Sep, 2009, 05.29 PM IST
- France slashes auto jobs as crisis hits manufacturingFrance's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs as the global economic crisis cut a swathe through the world's au...20 Nov, 2008, 09.59 PM IST
- France slashes auto jobs as crisis hits manufacturingFrance's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs on Thursday as the global economic crisis cut a swathe through th...20 Nov, 2008, 05.52 PM IST
- Crisis forces French car groups into 'massive' production cutsFrench car groups PSA Peugeot-Citroen and Renault on Friday ordered major production cuts and European truck makers reported a collapse in ...24 Oct, 2008, 03.13 PM IST
- Corus, JLR act to cut costsTwo Tata Group companies - steel firm Corus and car maker Jaguar Land Rover - have announced different steps to reduce costs in the wake of...17 Oct, 2008, 04.39 PM IST
- Ghosn aura fades as Renault loses ground to rivalsRenault shareholders are losing patience with chief executive officer Carlos Ghosn, who plans to revive profit at France’s second-biggest c...10 Sep, 2007, 02.38 AM IST
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