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VOLKSWAGEN WORKFORCE REDUCTION
Thyssenkrupp to cut 11,000 jobs at steel division in major corporate shakeupThyssenkrupp Steel Europe will cut 11,000 jobs by 2030. The German steelmaker will also reduce production. The company blames cheaper Asian...
25 Nov, 2024, 08.16 PM IST
Why Volkswagen is building a team of 3,000 engineers in ChinaVolkswagen is revamping its strategy in China, creating a "China for China" initiative due to the country's dominance in the electric car m...
12 Dec, 2023, 01.05 PM IST
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 ...
12 Nov, 2022, 11.43 AM IST
Volkswagen's labour chief rules out four-day week to save jobs amid Covid-19 outbreakGermany's largest trade union IG Metall on Aug. 15 proposed negotiating for a transition to a four-day week across industry to help secure ...
06 Sep, 2020, 07.42 AM IST
Coronavirus: Bentley to cut 1,000 jobs, warns of further downsizingLondon, Jun 5 (AP) Luxury British carmaker Bentley is to cut up to 1,000 jobs and has warned of more to come as it tries to limit the damag...
05 Jun, 2020, 07.37 PM IST
Why Tata Sons' N Chandrasekaran has reversed turnaround initiatives by Tata Motors’ CEO Guenter ButschekWhen TaMo CEO Butschek took over in mid-Feb last year, he quickly got down to executing his game plan, going for growth with more products ...
17 Aug, 2017, 04.37 PM IST