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RENAULT ENGINEERS LAYOFFS
Renault to cut up to 20% of engineers as competition from China heatsRenault plans significant job cuts in its engineering department. The French automaker will reduce its global engineering staff by up to 20...- 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...
- 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...
- Auto Inc keeps tech talent in demand as big tech companies continue with large-scale layoffsWith tech companies resorting to downsizing manpower the last few months, "in the last two quarters there is a significant improvement" in ...
- Hyundai plans to discontinue sales of diesel sedans in IndiaSales of diesel vehicles in the passenger car segment, which comprises hatchbacks and sedans, currently stand at 1.4% (April-February FY23)...
- Acche din: Despite mixed economic data, consumer spending expected to hit a record this festive seasonThe stock market is flat and the broader economy lags too, but that has not deterred consumers from spending. Marketers too are eyeing reco...
- GM to shut down Saturn after Penske walks awayFor those who expected General Motors' once-funky Saturn brand to live on with a new owner, Wednesday brought a sad twist. Saturn, once bil...
- 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.
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