Germany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...

European markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...

Volkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...

Volkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...

Success is often measured by how many opportunities we seize, but one of history's greatest investors believed the opposite. Today's life l...

United Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...

US manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...

Keir Starmer's premiership ended abruptly, overshadowed by Donald Trump's pronouncements. Despite a significant election victory, Starmer s...

AI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...

The largest US health insurer plans to invest $3 billion in AI over 2026 and 2027. UnitedHealth executives say they’re seeing a 2-to-1 retu...

Porsche's CEO anticipates a swift resolution to cost-cutting talks, aiming for employee agreement before July holidays to provide clarity. ...

Britain's BBC is set to eliminate 550 jobs across its news and content departments. This move is part of a significant £500 million savings...

A Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...

BBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...

Britain's BBC is initiating significant job cuts, with hundreds of positions to be eliminated in its news division next week as part of a b...

Volkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...

The enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...