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Volkswagen to fire 12% of its India workforce amid major cost overhaulVolkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...- 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...
- How food helps companies develop their brand appealIn 1874, Peugeot began with pepper-grinders, later expanding to bicycles and cars. Companies often experiment with unusual brand extensions...
- Trump's tariffs would deal a big blow to the auto industryThe prospect of disruptive tariffs hits the industry at a perilous moment. Virtually all automakers are struggling with sagging consumer de...
- Tesla’s troubles raise questions about its invincibilityThere are proliferating signs that Tesla may not be as unstoppable as it once seemed. The company’s car sales are no longer growing at a to...
- Twitter’s US ad sales plunge 59% as woes continueTwitter's ad sales staff is concerned that advertisers may be spooked by a rise in hate speech and pornography on the social network, as we...
- Two weeks of chaos: inside Elon Musk's takeover of TwitterThe order for immediate layoffs, the ensuing panic and the about-face reflect the chaos that has engulfed Twitter since Musk took over the ...
- Mass firings at Twitter, Better.com show us the dark side of digital layoffsTwitter's approach resembles strategies adopted by a growing number of companies in recent years.
- Twitter job cuts: what are digital layoffs and what do they mean for employees and companies?Musk's plans to restructure Twitter began with laying off top executives, before notifications were emailed to around half of the Twitter g...
- Many Indian brands put Twitter ads on hold on content worriesSam Balsara, chairman of diversified advertising, media and entertainment group Madison World, said: “Brands are being cautious, and some m...
- Twitter temporarily closes offices as layoffs beginThe move follows a week of uncertainty about the company's future under new owner Elon Musk.
- Employees sue Twitter as bloodbath looms; Udaan sacks another 1,000Elon Musk’s Twitter, as expected, has begun the process of sacking about half of its 7,500 workers by cutting access to their laptops, emai...
- Cronies, corruption: How Algeria's auto sector hit the wallThe country's recent years of political turmoil have also seen its foreign joint venture factories close and cronies of its ousted presiden...
- Global PEs, auto parts majors look to buy ZF’s stake in TVS JVEven though TVS could buyout the partner, global private equity players, international and a select set of home-grown auto component player...
- Nissan shares slump as global alliance rocked by Ghosn arrestNissan said on Monday an internal investigation triggered by a tip-off from a whistleblower had revealed that Ghosn engaged in wrongdoing.
- Indian companies not adhering to environment guidelines could be snubbed by global investorsA growing number of companies globally are recognising that sustainable business practices are a critical factor in generating long-term fi...
- Fear and respect: Volkswagen's culture under WinterkornThree weeks after it admitted to cheating US emissions tests, Europe's largest carmaker is under pressure to identify who exactly was respo...
- Fear and respect: Volkswagen's culture under Martin WinterkornBut now that VW's problems are coming out into the open and Winterkorn has gone, some executives are declaring that the company needs to ch...
- Local executives replace expats at multi-national auto companies in IndiaAnalysts say auto firms are overhauling their top management by replacing expats with local teams to prepare for the next wave of growth.
- VW staff, Porsche in takeover collisionEmployee representatives fear losing their influence if VW is swallowed up by Porsche. Porsche head Wendelin Wiedeking fired the first shot...
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