Volkswagen is sticking to its plans to cut up to a quarter of its 130,000 jobs in Germany, close down entire plants and reduce wages by...
Thyssenkrupp aims to cut 11,000 jobs in its steel division, which is 40 percent of the current total of 27,000 jobs. Germany’s largest steel company announced...
PepsiCo’s North American beverage sales fell 3% in both the second and third quarters of this year. (David Paul Morris/Bloomberg News) [Stay on top of transportation...
The announcement by the VW Group that it is terminating the agreement on job security, cutting tens of thousands of jobs and closing entire plants and...
Another jobs massacre is looming at Ford’s headquarters in Cologne. In the last five years, four “restructuring measures” have already cost 7,000 jobs. On Tuesday morning,...