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RENAULT EMPLOYEES AFFECTED
List of European companies which cut jobs in response to slowing economySeveral European firms are reducing their workforce. Companies in the automotive, banking, energy, and consumer goods sectors are announcin...- Renault weighs sacking up to 3,000 employees worldwide: ReportFrench carmaker Renault is considering plans for job reductions. Reports suggest up to 3,000 positions could be cut globally. This includes...
- Is Nissan heading for bankruptcy; will Honda buy the iconic Japanese auto maker? Here's what reports are sayingNissan, one of Japan's most iconic automobile makers, is financially struggling so badly that it's measured by months now, not years.
- Mercedes-Benz to quit Russian market, sell shares to local investorJapan's Nissan this month took a $687 million loss in handing over its business in Russia to a state-owned entity for one euro, mirroring a...
- Harsh words, tough action: how companies have rebuffed RussiaOil company BP's decision to sell out of Russia at a cost of as much as $25 billion was a shock for an industry that has worked very closel...
- Ford to end manufacturing in India, take $2 billion hitFord's decision comes after it struggled for years to win over Indian consumers and turn a profit. The carmaker entered India 25 years ago ...
- Operations at Renault's Chennai plant affected as some staff stay off work amid COVID fearsThe company had suspended operations at the plant for five days from May 26 amid demand from workers to temporarily stop production in view...
- Hero to give full payments to suppliers to ease liquidity woes amid lockdown extensionChairman Pawan Munjal communicated this decision to around 300 suppliers from India, South Asia and Europe at a virtual town hall held on T...
- Minister asks God for rain as Chennai's water crisis deepensA water crisis is brewing in many parts of the world’s second-most populated nation as unsustainable use and few measures to harness rain l...
- Chennai floods to impact margins by 100-120 basis points in Q3: MphasisIT firm Mphasis has said its margins will take a hit of up to 120 basis points in the December quarter owing to recent floods in Chennai.
- Chennai rains: Software, automobile companies like TCS, Cognizant, Nissan affectedSoftware exporters running a big portion of their technology development and delivery from Chennai kept critical resources in their offices...
- China blasts may cost over US$ 1.50 billion for insurance firmsChinese insurance agencies are bracing to pay over US$ 1.50 billion insurance claims to claimants affected by the massive twin blasts in Ti...
- GM unit Vauxhall says to cut 354 jobs at British plantVauxhall, the British division of troubled US carmaker General Motors, announced on Monday that it planned to cut more than 350 jobs at one...
- Chrysler expected to sell assets to FiatChrysler LLC is expected to file a motion on Saturday to sell substantially all of its assets to Italian automaker Fiat Group SpA
- 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...
- 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...
- Volvo to cut 1,000 jobs in Sweden, North AmericaSwedish truck and bus maker Volvo AB says it will lay off 1,000 staff at its powertrain unit in Sweden and North America.
- Ford curbing production at German plantFord Motor Company Inc said on Monday that it would curb engine production at a German plant for five weeks and put 820 employees there on ...
- 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...
- Living costs crunch prompts Europe-wide strike threatsInflation in Europe, far from being throttled as suggested in some quarters only 18 months ago, is alive and kicking hard at the middle cla...
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