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Europe’s Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.
Schaeffler announces 4,700 job cuts in Europe as operating profit falls by 45%
Schaeffler announces 4,700 job cuts across Europe after a 44.9% drop in Q3 profits, citing challenges in the automotive industry.
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned of VW factory closures.
Michelin to close two French plants in latest blow to Europe's auto sector
By Dominique Patton PARIS (Reuters) -Tyre maker Michelin plans to close two of its French factories, affecting about 1,250 workers, it said on Tuesday as Europe's embattled automotive sector comes under increasing pressure.
Michelin Plans to Cut Around 1,250 Jobs With Closure of Two French Factories
The automotive manufacturer said it would shut down its production sites in Cholet and Vannes by early 2026 at the latest.
'Black day': French workers protest Michelin plans to close two plants
Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close two plants by early 2026 over
Michelin to close two French plants amid waning market share
Michelin will close two factories in France by early 2026 affecting about 1,250 jobs, the French tyre maker said on Tuesday, the latest cutback in a European auto industry battling subdued demand and cheap Asian competition.
48m
Huge delivery firm cuts 300 jobs ahead of Christmas after big sales drop
Just Eat said the decision to cut staff was a "tough" but a 'necessary step' to ensure it can "fuel sustainable growth and ...
2h
on MSN
Asda cuts jobs and demands three-days-a-week return to office
Asda has announced job cuts and asked its staff to return to the office three days a week in the latest move in its turnaround plan. In an internal email on 5 November, the grocer said it was changing ...
7d
on MSN
F5 confirms new round of job cuts, continuing annual pattern of workforce reductions
F5 continued its practice of trimming its workforce after the close of its fiscal year, impacting roles across several teams ...
Hosted on MSN
3d
Company announces 500+ job cuts; allows workers to keep office laptops - 'Need for urgency, decisive action...'
Dropbox is reducing 20% of its global workforce, which means a total of 528 employees. The CEO of the company Drew Houston ...
Business Matters
1h
Asda cuts jobs and mandates office attendance amid turnaround efforts
Asda orders head office staff to return three days a week and announces job cuts as part of a strategy to reverse declining ...
Investopedia
2d
What Is the Tax Cuts and Jobs Act (TCJA)?
However,
cuts
for individuals expire in 2025 ... "Mnuchin Says FEMA Doing 'a Terrific
Job
' in Puerto Rico." Department of ...
6h
Asda demands 3 day return to office and reveals job cuts
Asda is forcing staff to return to the office a minimum of three days per week while slashing jobs at the business.
South Coast Register
14h
The UOW subject areas that could go in the first round of job cuts
Staff at the University of Wollongong have been told 25 fields of study will be targeted in consultation on the first round ...
Mail & Guardian
14h
The unseen effect of teacher cuts in the Western Cape
“The wait to find out how many teachers at my school will be cut has been stressful as I started my new
job
as a first-time ...
World Socialist Web Site
10h
Australia: Unions block fight against job cuts at Centennial Coal mine in Mandalong
Unions covering workers at Mandalong are blocking any opposition to the
job
cuts
, insisting that workers are powerless to ...
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