Tag: Rationalization and redevelopment
Union announces resistance to austerity program
BASF The austerity program is intended to reduce annual costs outside of production by 500 million euros. (Photo: Reuters) Frankfurt, Ludwigshafen The chemical union IG BCE has announced resistance to…
Chip maker wants to cut thousands of jobs
Munich Dismantling instead of upswing: Intel boss Pat Gelsinger apparently wants to cut several thousand jobs in the coming weeks. According to a report by the Bloomberg news agency on…
Intel plans to cut thousands of jobs
Intel logo The company could cut thousands of jobs. (Photo: Reuters) According to a media report, the US chip manufacturer Intel is planning extensive staff cuts in view of the…
Siemens Energy boss wants to take more action at Gamesa
Christian Bruch The manager makes the restructuring of Siemens Gamesa a top priority. (Photo: Thorsten Jochim for Handelsblatt) Munich At Siemens Energy, the pressure from investors and the supervisory board…
Siemens Energy boss Bruch wants to take more action at the crisis subsidiary Gamesa
Munich At Siemens Energy, the pressure from investors and the supervisory board is growing on CEO Christian Bruch to finally turn around the problem subsidiary Gamesa. According to corporate circles,…
Galeria Karstadt Kaufhof terminates the collective agreement with the Verdi union
New logo for the department store chain Galeria The company is struggling against falling sales and rising costs. (Photo: GALERIA Karstadt Kaufhof GmbH) Dusseldorf The department store chain Galeria is…
Galeria Karstadt Kaufhof terminates the collective agreement with the Verdi union
New logo for the department store chain Galeria The company is struggling against falling sales and rising costs. (Photo: GALERIA Karstadt Kaufhof GmbH) Dusseldorf The department store chain Galeria is…
New corporate strategy by the end of October
Zurich The top management of Credit Suisse (CS) around CEO Ulrich Körner is working Sunday and night shifts these days. The top management is working almost around the clock on…
New corporate strategy by the end of October
Zurich The top management of Credit Suisse (CS) around CEO Ulrich Körner is working Sunday and night shifts these days. The top management is working almost around the clock on…
Lufthansa plans new low-cost airline: Current strike at Eurowings
Empty Eurowings counters at Cologne-Bonn Airport The pilots’ strike at the Lufthansa subsidiary on Thursday caused numerous flight cancellations. (Photo: dpa) Frankfurt The Lufthansa Group does not come to rest.…
Strike at Eurowings, red numbers at Discover
Eurowings plane at Dusseldorf Airport The Lufthansa subsidiary has to cancel about half of its flight schedule on Thursday. The pilots’ union VC has called for a one-day strike. (Photo:…
Strike at Eurowings, red numbers at Discover
Eurowings plane at Dusseldorf Airport The Lufthansa subsidiary has to cancel about half of its flight schedule on Thursday. The pilots’ union VC has called for a one-day strike. (Photo:…
Strike at Eurowings, red numbers at Discover
Eurowings plane at Dusseldorf Airport The Lufthansa subsidiary has to cancel about half of its flight schedule on Thursday. The pilots’ union VC has called for a one-day strike. (Photo:…
Strike at Eurowings, red numbers at Discover
Eurowings plane at Dusseldorf Airport The Lufthansa subsidiary has to cancel about half of its flight schedule on Thursday. The pilots’ union VC has called for a one-day strike. (Photo:…
Credit Suisse must now act quickly
The Credit Suisse signature “History does not repeat itself, but it rhymes”, the aphorism often ascribed to the American poet Mark Twain naturally also applies to financial crises. When the…
Several branches in Germany are closed
Construction work on the logo Commerzbank expects a profit of more than one billion euros in 2022, despite the burden of the war in Ukraine. (Photo: dpa) Frankfurt Commerzbank has…
Savings course with Dr. Oetker – Job cuts are no longer taboo
dr Oetker The food division of the Oetker Group with the famous “Hellkopf” in the logo wants to invest 500 million euros and at the same time save 250 million…
Wind group cuts 2900 jobs
Siemens Gamesa The group has been in the red for years. (Photo: ddp) Dusseldorf The German-Spanish turbine manufacturer Siemens Gamesa is cutting 2,900 jobs worldwide. The wind company announced this…
The corporate restructuring raises questions
Henkel boss Carsten Knobel The manager is rebuilding the consumer goods company. (Photo: Henkel) Carsten Knobel knows the criticism. “I know that not all of you are convinced that this…
Henkel has raised its sales forecast again
Henkel headquarters in Dusseldorf The industrial group expects higher sales for the current financial year. (Photo: Reuters) Dusseldorf The consumer goods group Henkel has again increased its sales forecast. The…