Tag: Job cuts
RTL wants to cut 700 jobs at Gruner + Jahr magazines
Dusseldorf For decades it was one of the most powerful media houses in Europe: Gruner + Jahr (G+J) is now facing a cut in terms of personnel: Bertelsmann, the owner,…
RTL wants to cut 700 jobs at Gruner + Jahr magazines
RTL employees protest against the sale of magazines For the remaining core brands such as “Stern”, RTL wants to invest primarily in digital. (Photo: dpa) Hamburg/Cologne RTL Germany plans to…
RTL wants to cut 700 jobs at Gruner + Jahr magazines
RTL employees protest against the sale of magazines For the remaining core brands such as “Stern”, RTL wants to invest primarily in digital. (Photo: dpa) Hamburg/Cologne RTL Germany plans to…
Ford returns to Formula 1
Ford wants to compete in Formula 1 again Patrick Tambay on the road in a racing car with a Ford engine at the Canadian Grand Prix in 1986: 40 years…
Facebook parent Meta optimistic despite slump in profits
san francisco The Facebook group Meta wants to get more involved in the race for artificial intelligence. When asked about the success of systems like the chatbot ChatGPT, Meta boss…
Facebook parent Meta optimistic despite slump in profits
san francisco The Facebook group Meta wants to get more involved in the race for artificial intelligence. When asked about the success of systems like the chatbot ChatGPT, Meta boss…
US electric car maker Rivian is cutting hundreds of jobs
Rivian Automaker Rivian blamed supply chain issues for missing production targets. (Photo: Reuters) San Francisco, New York The US electric car manufacturer Rivian Automotive wants to reduce its workforce after…
Facebook parent Meta optimistic despite slump in profits
san francisco High costs for severance payments and the restructuring of the group brought Meta a surprisingly sharp drop in profits. However, the parent company of the online network Facebook…
Verdi clearly criticizes planned staff cuts
Galeria branch in Berlin In houses that will continue, the company wants to reduce the area and could cut more jobs. (Photo: IMAGO/Jürgen Ritter) Dusseldorf, Essen The Verdi trade union…
Galeria Karstadt Kaufhof: Employees are threatened with severe cuts
Galeria branch in Frankfurt The general works council expects a “hard and painful time” for the employees of the department store company. (Photo: dpa) Dusseldorf, Essen The period of uncertainty…
Medical technology group cuts another 6,000 jobs
From the savings and productivity increases, the company expects to be able to increase its operating margin (Ebitda margin) to a low double-digit percentage by 2025. From 2025, Philips wants…
Boeing plans to hire 10,000 new employees this year
Boeing The aircraft manufacturer wants to hire new employees. (Photo: AP) Washington Boeing plans to hire 10,000 workers this year as the airline industry recovers from the peak of the…
Why are tech companies laying off so many employees when they are making billions and are desperately looking for skilled workers
Spotify in Stockholm The company wants to get by with 600 fewer employees in the future. (Photo: IMAGO/TT) Dusseldorf The technology industry is firing more employees than ever before. In…
The restructuring at SAP is correct
SAP Despite the decent numbers, the Dax group still has a lot to do in its core business. (Photo: Reuters) The restructuring program that the software company SAP has now…
EY Germany is cutting jobs – even highly paid partners have to go
EY offices in Stuttgart The company intends to strengthen its profitability before the planned split into two independent companies. (Photo: imago images/Arnulf Hettrich) Dusseldorf The auditing company EY is streamlining…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
IBM cuts about 3900 jobs – quarterly sales stagnate
Armonk As the next heavyweight in the tech industry, the computer group IBM is cutting several thousand jobs. There are about 3,900 jobs, about 1.5 percent of the global workforce,…
Are German startups also threatened with a wave of layoffs?
The absolute numbers are significantly lower compared to the tens of thousands of employees laid off at US companies such as Google, Microsoft and Facebook. But the examples of the…