One of those plans is for 3,500 job cuts in its cross-domain computer solutions division ... affecting about 1,250 jobs, it said on Nov. 5. * SCHAEFFLER: The German machine and car parts maker, hit by ...

Japanese carmakers Honda and Nissan are discussing a merger with Mitsubishi Motors in a bid to counter fierce global ...

Volkswagen AG and labor leaders are moving closer to an agreement to restructure the automaker’s namesake brand without ...

After prolonged negotiations, the German labour union IG Metall and Volkswagen's management have agreed. VW has decided it ...

European car sales sank last month as the region’s biggest automakers grapple with a slowdown in demand that’s triggered an ...

Europe's top carmaker Volkswagen agreed a deal with unions on Dec. 20 to cut 35,000 jobs and to reduce factory output by ...

White-collar job cuts are rising as companies flatten hierarchies and adopt AI. Here’s why middle management roles are ...

VW Group threatened to close up to three plants in Germany, but a deal with workers means those plants are safe.

Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to ...

Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.