Tag: Rationalization and redevelopment
The Ruhr group is struggling for its future
Martina Merz Critics accuse the ThyssenKrupp boss of not pursuing a clear strategy. (Photo: dpa) Dusseldorf, Berlin Martina Merz made a remarkable promise to her executives. She was the woman…
Persil manufacturer cuts 300 jobs in Germany
Henkel employees The consumer goods group wants to cut 300 jobs in Germany. Dusseldorf As part of its corporate restructuring, Henkel plans to cut 300 jobs in Germany. This was…
Persil manufacturer cuts 300 jobs in Germany
Henkel employees The consumer goods group wants to cut 300 jobs in Germany. Dusseldorf As part of its corporate restructuring, Henkel plans to cut 300 jobs in Germany. This was…
Flight chaos: Lufthansa supervisory board turns on
Lufthansa plane There are numerous construction sites in the group. (Photo: dpa) Frankfurt, Berlin In view of the current chaos in air traffic, the Lufthansa Supervisory Board intervened. At the…
Lufthansa is considering reactivation of the A380
Frankfurt The rumor alone is causing a stir in the aviation industry: is the giant jumbo Airbus A380 coming back to Lufthansa? There has been speculation for months, but now…
A money house reinvents itself
Castell bench The Fürstlich Castell’sche Bank, with its head office in Würzburg, Franconia, and its headquarters in the nearby town of Castell, has existed since 1774. (Photo: Andreas Reeg) Frankfurt…
A money house reinvents itself
Castell bench The Fürstlich Castell’sche Bank, with its head office in Würzburg, Franconia, and its headquarters in the nearby town of Castell, has existed since 1774. (Photo: Andreas Reeg) Frankfurt…
Significantly fewer branches are being closed in Germany
Former Sparkasse branch In Germany, the number of bank branches has fallen significantly in recent years. (Photo: imago/Steinach) Frankfurt The number of bank branches in Germany has been falling for…
German banks are closing significantly fewer branches.
Former Sparkasse branch In Germany, the number of bank branches has fallen significantly in recent years. (Photo: imago/Steinach) Frankfurt The number of bank branches in Germany has been falling for…
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…
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…
How CEO Eickholt wants to restructure the wind company
Jochen Eickholt Eickholt has been the new boss of the wind company since March 1st. (Photo: dpa) Aachen At Siemens, he is regarded as the “chief reorganizer”; after all, he…
Deutsche Bank boss calls for rapid completion of the capital markets union
Deutsche Bank boss Christian Sewing The concept of a unified banking market in Europe still lacks a common deposit insurance. (Photo: Bloomberg) Frankfurt Deutsche Bank boss Christian Sewing calls for…
How CEO Eickholt wants to restructure the wind company
wind turbines “A turbine like this has over 4,000 components that all have to be certified.” (Photo: dpa) Aachen At Siemens, he is regarded as the “chief reorganizer”; after all,…
NordLB is probably slipping into the red
Frankfurt Norddeutsche Landesbank (NordLB) started the new year with a loss, reports Reuters, citing insiders. From January to March, the loss before taxes at the Landesbank was around 120 million…
Traton HR director Osterloh: The integrator of the truck brands
Dusseldorf Just over a year ago, not a week went by in which Bernd Osterloh didn’t make headlines in connection with Volkswagen. A new dispute with CEO Herbert Diess, a…
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…
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…
Commerzbank emphasizes that it wants to remain independent
Unicredit boss Andrea Orcel “There were always a lot of rumors about this, but something like that is also a question of timing,” the former investment banker comments on the…