Germany’s auto industry is preparing for ... employees than traditional car manufacturing. Of those potential losses, 46,000 jobs have already disappeared. However, some industry experts see ...

The loss of manufacturing jobs has been masked by a broader shift in employment trends. Overall the number of German jobs grew by 4.8 per cent between the start of 2020 and November last year ...

Last year alone, 11,500 employees lost their jobs worldwide, including 4,400 of the company’s 129,000-strong workforce in Germany. Bosch has now announced further attacks. The preliminary ...

While the big numbers of job losses at multi-national companies sound scary, it should be noted that not all of these jobs are located in Germany and that layoffs will likely be spread over the ...

Germany’s benchmark stock index ... would ultimately damage the US auto industry, leading to job losses and factory closures. Several global car manufacturers, including Stellantis NV, Ford ...

It could result in tens of thousands of German job losses. In October, the car manufacturer reported a 64% drop in third-quarter profits compared with a year earlier, primarily blaming a slump in ...

The company said Tuesday that the measures would lead to around 4,700 job losses in Europe, with 2,800 of those in Germany. Schaeffler currently employs around 120,000 workers, according to its ...

Germany’s auto industry is preparing for a big shift in ... which requires fewer employees than traditional car manufacturing. Of those potential losses, 46,000 jobs have already disappeared. However, ...