Browsing Tag
Porsche
5 posts
TCS AI revenue crosses $3.1bn annualised as group growth remains modest
Tata Consultancy Services says artificial-intelligence revenue now exceeds 10% of its annualised revenue base, but overall constant-currency growth remains measured as customers selectively increase technology spending.
Why Volkswagen’s 50,000-job plan may not be enough as Oliver Blume pushes deeper cuts
Volkswagen Group is considering deeper workforce reductions, possible plant closures and business carve-outs as Oliver Blume argues that existing savings measures are insufficient to restore competitiveness, putting four major German manufacturing sites under mounting pressure ahead of a crucial September 4 supervisory board meeting.
Porsche’s 9,000-job reset exposes the brutal cost of its China and electric vehicle miscalculations
Porsche will eliminate another 5,000 positions by 2035 under a labour agreement that protects its core German factories but demands major workforce and compensation concessions.
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.
Can EV charging really become a 10-minute coffee break? Autel Energy says yes in Thailand
Autel Energy’s Thailand ultra-fast EV charging showcase signals a shift in public infrastructure strategy. Read what it means for EV adoption next.