Tag: Rationalization and redevelopment
Auto supplier Leoni has recorded increasing losses
Leoni plant in Ukraine Production at the plant had to be temporarily interrupted because of the war. (Photo: Future Publishing/Getty Images) Munich Higher losses put the auto supplier Leoni under…
CEO Carsten Knobel & Adhesives Manager Jan-Dirk Auris are in a power struggle
Henkel boss Knobel (r.), Adhesives board member Auris There is said to be a power struggle between the two top managers. (Photo: Henkel) Dusseldorf, Berlin At the beginning of September,…
CEO Carsten Knobel & Adhesives Manager Jan-Dirk Auris are in a power struggle
Henkel boss Knobel (r.), Adhesives board member Auris There is said to be a power struggle between the two top managers. (Photo: Henkel) Dusseldorf, Berlin At the beginning of September,…
Galeria Karstadt Kaufhof: Subsidiaries also in insolvency proceedings
Galeria branch in Halle The lease for the location expires at the end of January and the sale has begun. (Photo: IMAGO/Steffen Schellhorn) Dusseldorf After the ailing department store operator…
Galeria Karstadt Kaufhof: Subsidiaries also in insolvency proceedings
Galeria branch in Halle The lease for the location expires at the end of January and the sale has begun. (Photo: IMAGO/Steffen Schellhorn) Dusseldorf After the ailing department store operator…
Galeria Karstadt Kaufhof: Subsidiaries also in insolvency proceedings
Galeria branch in Halle The lease for the location expires at the end of January and the sale has begun. (Photo: IMAGO/Steffen Schellhorn) Dusseldorf After the ailing department store operator…
Facebook group: Meta lays off 11,000 employees
Mark Zuckerberg In a letter to the workforce, the Facebook founder acknowledges wrong decisions. (Photo: dpa) San Francisco, Dusseldorf The Facebook group Meta is laying off more than 11,000 employees…
Facebook group: Meta lays off 11,000 employees
meta corporation 13 percent of the workforce have to go. (Photo: IMAGO/NurPhoto) Menlo Park The Facebook group Meta is laying off more than 11,000 employees in the largest job cuts…
Commerzbank profit collapses due to charges in Poland
Frankfurt The long-term crisis at the Polish subsidiary M-Bank ruined Commerzbank’s results in the third quarter. Profits fell by more than half to 195 million euros, as Germany’s second largest…
Job cuts cause a price jump at Schaeffler
Schaeffler logo The supplier expects an accelerated transformation. (Photo: dpa) Dusseldorf The automotive and industrial supplier Schaeffler convinced shareholders on Tuesday with surprisingly strong figures and the planned elimination of…
The principle of hope accelerated the decline
Galeria branch in Berlin-Tegel The company did not go through with the restructuring consistently and radically enough last time. (Photo: Reuters) As with the last insolvency proceedings of Galeria Karstadt…
Ford Europe is making itself significantly smaller
Cologne Three car plants in Europe are too many for Ford. The US car company has therefore decided to give up car production in Saarlouis in three years. Nevertheless, Martin…
The most important questions about protective shield insolvency
Now managing director Miguel Müllenbach, reorganizer Arndt Geiwitz and trustee Frank Kebekus want to create structures that are sustainable in the long term without further state aid. But after that…
Partial sale arouses great interest among investors
Test laboratory for the use of hydrogen by Lufthansa Technik Lufthansa’s maintenance subsidiary not only takes care of the maintenance of aircraft. It also participates in the development of new…
Galeria applies for protective shield insolvency
New logo, old problems Even with new store concepts, the department store chain has not yet been able to generate enough profit. (Photo: GALERIA Karstadt Kaufhof GmbH) Dusseldorf Galeria Karstadt…
Galeria applies for protective shield insolvency
New logo, old problems Even with new store concepts, the department store chain has not yet been able to generate enough profit. (Photo: GALERIA Karstadt Kaufhof GmbH) Dusseldorf Galeria Karstadt…
This is how you get up to 40,000 euros back in taxes
Autumn in the Spree Forest The tax return can be particularly worthwhile for anyone who has renovated their home energetically in recent years. (Photo: dpa) Cologne This year, too, there…
Bank reports billions in loss – customer funds flow out
Zurich Credit Suisse wants to leave the permanent crisis behind with a shrunken investment bank, a capital increase worth billions and extensive job cuts. This was announced by the second…
Bank reports billions in loss – customer funds flow out
Zurich Credit Suisse wants to leave the permanent crisis behind with a shrunken investment bank, a capital increase worth billions and extensive job cuts. This was announced by the second…
Bank reports billions in loss – customer funds flow out
Zurich Credit Suisse wants to leave the permanent crisis behind with a shrunken investment bank, a capital increase worth billions and extensive job cuts. This was announced by the second…