Bosch plans to cut 1,500 jobs

Bosch plans to cut 1,500 jobs

As of: December 10, 2023 4:43 p.m The automotive supplier Bosch wants to cut up to 1,500 jobs in the next two years. However, there should be no redundancies for operational reasons – in accordance with an agreement concluded in the summer. Bosch, the world’s largest automotive supplier, is threatened with job cuts next year. … Read more

Concerns of German Prime Minister Michael Kretschmer over Company Migration

Concerns of German Prime Minister Michael Kretschmer over Company Migration

SAxis Prime Minister Michael Kretschmer has expressed concern about companies migrating. “Everything that now migrates abroad will be there for 10 or 20 years and will not come back,” said the CDU politician in an interview with the “Freie Presse” (Saturday). If a significant part of the industry collapses, the rest could collapse like a … Read more

Goldman Sachs President John Waldron Plans for “Mini-Stagflation” Scenario

John Waldron, president of Goldman Sachs Group Inc., said the bank is planning to prepare for a “mini-stagflation” scenario. FILE PHOTO/Reuters/Mike Blake/File Photo [ニューヨーク 8日 ロイター] – John Waldron, president of Goldman Sachs Group Inc., said on Thursday that the bank is planning to prepare for a “mini-stagflation” scenario. President John Waldron said at a … Read more

Wall Street banks forced to cut jobs due to slump in IPOs, debt securities and mergers

pte20230504004 Company/economy, trade/services Slump in IPOs, debt securities and mergers forces Wall Street to cut jobs significantly Morgan Stanley: Institute has to cut many jobs (Photo: unsplash.com, Sven Piper) New York (pte004/04.05.2023/06:15) – The sharp drop in IPOs, debt securities and mergers is forcing major Wall Street banking institutions to make significant job cuts. After … Read more

“US job loss crisis accelerates as COVID-19 pandemic persists: Analysis and Response”

People wearing protective masks line up for food donations during the COVID-19 pandemic in the Corona neighborhood, borough of Queens in New York. [AP Photo/John Minchillo] The ongoing job slaughter in the United States accelerated further last week as the industrial and financial and corporate oligarchy steps up its efforts to suppress the growing movement … Read more

Press: Job cuts at Ford in Cologne

KÖLN The “Bild” had previously reported on a possible job cut. You published the invitation to an extraordinary works meeting for the approximately 14,000 employees in Cologne this Monday. “The situation is coming to a head,” it says. It’s about the future of Ford in Cologne. A company spokesman declined to comment on Friday. According … Read more

Deutsche Bahn wants to hire at least 21,000 employees by 2022

– Train attendant at DB Deutsche Bahn AG Every year almost 2000 engine drivers drop out due to old age. These positions need to be filled. – (Foto: imago images/Ralph Peters) – – – – Berlin Deutsche Bahn wants to hire at least 21,000 employees this year. A company spokesman confirmed a corresponding “image” report on … Read more

U.S. Senate Passes Budget Resolution on Corona Relief Bill Allowed by Ruling Party Alone | Reuters

On the 5th, the US Senate passed a budget resolution to implement the $ 1.9 trillion new coronavirus rescue bill launched by President Biden. Photo taken in front of the Washington Parliament in December 2018 (2021 Reuters / Yuri Gripas) [Washington, 5th Reuters]–The US Senate passed a budget resolution on the 5th to realize the … Read more

Continental brings a reduction in collective working hours into play

Düsseldorf, Stuttgart The forecast is terrifying: Instead of more than 98 million vehicles like 2018, experts are expecting global production to collapse to a maximum of 70 million vehicles this year. Overcapacities of around a third will inevitably cost thousands of jobs. Because the doldrums on the car market could reach into 2025. Car makers … Read more

Exciting Supervisory Board meeting: Commerzbank is likely to cut even more jobs

Hundreds of branches and thousands of jobs away: The savings orgy continues unabated at Commerzbank. Now the corona pandemic is forcing the financial institution to take even more massive austerity measures. According to a newspaper report, Commerzbank is pushing ahead with its savings plans. At an extraordinary meeting next Wednesday, the supervisory board is expected … Read more