Browsing Tag
IG Metall
5 posts
Volkswagen already planned 50,000 job cuts, but Oliver Blume says that may not be enough
Volkswagen chief executive officer Oliver Blume has warned that as many as 50,000 additional jobs could theoretically be affected if the automaker cannot close its overhead-cost gap through other measures. The potential reductions would be separate from approximately 50,000 German roles already scheduled to disappear by 2030, but no final additional layoff target has been approved.
Volkswagen already planned 50,000 job cuts, so why is Oliver Blume reportedly targeting 100,000 now?
Volkswagen is reportedly considering up to 100,000 global job cuts, four German plant closures and a 15% investment reduction, potentially transforming Europe’s largest automaker into a smaller, more decentralised and financially disciplined industrial group.
Thyssenkrupp is giving shareholders 49% of tk accelis. Can the break-up unlock value?
Thyssenkrupp plans its 49% tk accelis spin-off while retaining control. Learn how the listing could reshape valuation, cash flow and strategy for investors.
KNDS investigation into 2013 Qatar arms deal clouds Franco-German tank champion’s IPO window
KNDS hits its summer IPO sweet spot. A 2013 Qatar deal hits its 2025 audit. PwC's pause may decide whether €20 billion lists or slips.
Jindal Steel makes bold move with non-binding bid for Thyssenkrupp’s steel arm
Discover how Jindal Steel International’s bid for Thyssenkrupp Steel Europe could reshape green steel, pensions, and Germany’s industrial strategy.