Tag: Job cuts
Thyssenkrupp sells part of its steel division to Czech billionaire
As of: April 26, 2024 1:19 p.m Czech billionaire Daniel Kretinsky joins Thyssenkrupp’s steel business. A joint venture is now planned in which the Essen-based group only holds 50 percent.…
Tesla wants to cut 400 permanent jobs in Germany
As of: April 23, 2024 3:13 p.m Tesla’s savings plans now also affect permanent positions in Germany. However, layoffs should be avoided when jobs are cut. Tesla is suffering from…
Tesla wants to vote on a billion-dollar share package for Musk
As of: April 18, 2024 8:30 a.m Will Tesla boss Elon Musk subsequently receive a share package worth billions? The shareholders should decide on this. Meanwhile, the job cuts are…
“Handelsblatt”: SAP is cutting thousands of jobs in Germany
As of: April 6, 2024 8:45 a.m As part of its restructuring, the software company SAP apparently wants to cut 2,600 jobs in Germany. This is reported by the “Handelsblatt”…
Vodafone Germany is cutting 2,000 jobs
As of: March 26, 2024 12:31 p.m The telecommunications group Vodafone wants to cut 2,000 jobs in Germany. With a new savings package, Vodafone wants to restructure the group and…
“Staff adjustments”: Automotive supplier Bosch is cutting jobs
background As of: March 20, 2024 8:49 a.m The transformation takes its toll. Bosch, the world’s largest supplier to the automotive industry, has to cut staff. The resistance from the…
Apple is apparently discontinuing its electric car project
As of: February 28, 2024 9:20 a.m Apple has apparently stopped working on the development of an electric car. The affected employees should probably be involved in AI projects instead.…
Companies want to hire fewer staff
As of: February 27, 2024 1:25 p.m German companies are suffering from the weak economy and are increasingly hesitant to hire new employees because of the uncertain future. In some…
Household appliances: crisis in the kitchen
During the pandemic, the new kitchen was a replacement for three weeks in Mallorca or the Baltic Sea island. Then the market collapsed. Now manufacturers like BSH Hausgeräte and Miele…
BASF wants to save even more and cut jobs
As of: February 23, 2024 10:38 a.m Profits have collapsed, sales have shrunk: At the chemical company BASF, the board of directors is responding to the crisis with another savings…