Tag: Job cuts
Tesla: Elon Musk calls for job cuts
Elon Musk The Tesla boss calls for a hiring freeze and job cuts. (Photo: AP) san francisco Tesla boss Elon Musk wants to cut about every tenth job. In an…
Tesla: Elon Musk calls for job cuts
Elon Musk The Tesla boss calls for a hiring freeze and job cuts. (Photo: AP) san francisco Tesla boss Elon Musk wants to cut about every tenth job. In an…
This is how ex-employees vent their anger on Telegram
Klarna app “Buy now, pay later”: The Swedish payment service provider’s business is no longer doing so well. Ten percent of the jobs are to be eliminated. (Photo: © 2021…
Fresenius wants to cut 2,000 jobs in the drug division worldwide
Frankfurt As part of its efficiency program, the Fresenius Group wants to cut a total of around 2,000 jobs in the Kabi drug and nutrition division worldwide. The Handelsblatt learned…
Klarna criticized for job cuts
Klarna app “Buy now, pay later”: The Swedish payment service provider’s business is no longer doing so well. Ten percent of the jobs are to be eliminated. (Photo: © 2021…
Largest transmission plant in Saarland is to become electric
ZF is on the way to becoming an electrical supplier ZF CEO Wolf-Henning Scheider: Germany’s large transmission specialist must switch to electromobility. (Photo: Reuters) Bochum The southern German automotive supplier…
Payment service provider cuts every tenth digit
Klarna logo The Swedish company specializes in consumer loans. (Photo: imago images/ZUMA Wire) Stockholm The Swedish payment service provider Klarna is cutting ten percent of its jobs, citing rising inflation…
Aviation: Significant bottlenecks due to scarcity
Frankfurt Queues up to 300 meters long, waiting times of more than 40 minutes: If you wanted to take off at Düsseldorf or Cologne-Bonn airports last weekend, you needed patience…
Vallourec wants to close German plants – 2400 affected
Nozzle production at Vallourec and Mannesmann The production of seamless steel tubes in Germany is no longer feasible for Vallourec for economic reasons. (Photo: dpa) Dusseldorf, Muehlheim The French steel…
Persil manufacturer Henkel plans to lay off 2,000 employees
Henkel production in Düsseldorf The Dax group is reorganizing its consumer business. (Photo: dpa) Dusseldorf The consumer goods manufacturer Henkel plans to lay off 2,000 employees by the end of…
Digitization: Automation can save jobs
Autonomous transport vehicle from Fernride A single teleoperator can take care of several trucks at the same time. (Photo: Fernride) Entrepreneurs in Germany only have to put words like robots,…
Commerzbank more than doubled profit in the first quarter
Frankfurt Commerzbank more than doubled its profit in the first quarter, but also set aside significantly more money for impending loan defaults. Germany’s second-largest private bank announced on Tuesday evening…
MAN restarts truck production
MAN is producing again The loss-making truck manufacturer has found a new supplier for cable harnesses. (Photo: dpa) Munich After six weeks of standstill, the truck manufacturer MAN will start…
Sigmar Gabriel new chairman of the supervisory board at the steel subsidiary
Sigmar Gabriel “In the coming months and years, groundbreaking decisions with economic, industrial policy and environmental relevance are pending,” said Gabriel. (Photo: imago images/Reiner Zensen) Dusseldorf Former SPD leader and…
Sigmar Gabriel new chairman of the supervisory board at the steel subsidiary
Sigmar Gabriel “In the coming months and years, groundbreaking decisions with economic, industrial policy and environmental relevance are pending,” said Gabriel. (Photo: imago images/Reiner Zensen) Dusseldorf Former SPD leader and…
Opel mother Stellantis builds software unit in Rüsselsheim
Opel headquarters in Rüsselsheim Parent company Stellantis wants to settle parts of the software development in Rüsselsheim. (Photo: imago images/Hoffmann) Munich When it comes to the digital networking of its…
T-Mobile US fires unvaccinated employees
T-Mobile US The company requires almost all of its 75,000 employees in the United States to be vaccinated against the corona virus. (Photo: imago/Levine-Roberts) san francisco The mobile phone company…
Loss of production and short-time work for 11,000 employees at MAN
Trucks from MAN The company, which belongs to the VW Group, has around 34,000 employees worldwide, 14,000 of them in Germany. (Photo: dpa) Munich The truck and bus manufacturer MAN…
Berenberg sends Frankfurt bankers to London
High-rise buildings in London Since Brexit, many banks have moved from the city to Frankfurt. (Photo: Bloomberg) While numerous banks had recently relocated jobs from London to Frankfurt in response…
Commerzbank boss Manfred Knof earns 5.7 million euros
Manfred Knoff “In order to deliver what we have promised for 2024, we will have to stretch even more than before,” says the Commerzbank boss. (Photo: dpa) Frankfurt Manfred Knof…