Tag: Austerity program
“Great effort”: VW announces efficiency program at core brand
“Great exertion” VW announces efficiency program at core brand 6/14/2023 3:33 p.m Europe’s largest carmaker wants to overhaul its strategy. The core brand alone is expected to earn ten billion…
The supervisory board meets on Tuesday: VW is preparing a multi-billion savings program
Board of Directors meets on Tuesday VW prepares billion-dollar austerity program 6/12/2023 5:22 p.m According to reports, senior management at VW is concerned that the group is “losing touch with…
Contested streaming market: Netflix wants to tighten its belt
Competitive streaming market Netflix is tightening its belt 5/12/2023 5:44 p.m The streaming market is highly competitive. Like the competition, Netflix now wants to pay more attention to profitability. The…
Investments put to the test: Intel nails its wallet
Investments under scrutiny Intel boarded up its wallet 2/22/2023, 7:07 p.m The chip manufacturer Intel is pulling the emergency brake in view of the falling demand. Without customer commitments, no…
Parent company is weakening: There is unrest among tank engine manufacturers
Parent company is weakening Tank engine manufacturers are uneasy 01/30/2023 8:43 p.m Things are going well for Rolls-Royce Power Systems: the order books are full, and they produce engines for…
New construction stopped and short-time work: Battery manufacturer Varta pulls out the red pencil
New construction stopped and short-time work Battery manufacturer Varta pulls out the red pencil 11/15/2022, 4:16 p.m Delivery problems, high costs and a lack of demand: the battery company Varta…
Drastic job cuts imminent: will Elon Musk fire half of Twitter employees?
Drastic job cuts are imminent Will Elon Musk Fire Half of Twitter Employees? 11/03/2022, 02:55 am After his takeover, Elon Musk wants to get Twitter back on track financially. Because…
Drastic job cuts are imminent: Elon Musk probably wants to fire half of the Twitter employees
Drastic job cuts are imminent Elon Musk wants to fire half of Twitter employees 11/03/2022, 02:55 am After his takeover, Elon Musk wants to get Twitter back on track financially.…
Extensive layoffs ?: Musk probably pulls out the red pencil on Twitter
Large layoffs? Musk probably pulls out the red pencil on Twitter 10/30/2022, 6:12 p.m Elon Musk apparently piled up a gigantic mountain of debt when he took over Twitter. Analysts…
Savings measures are having an effect: Gas consumption in German households has fallen
Austerity measures are having an effect Gas consumption in German households has fallen 10/13/2022, 4:18 p.m Households and smaller companies used significantly less gas in the past week than in…
Further savings expected: Opel is cutting up to 1,000 more jobs
Further savings expected Opel is cutting up to 1,000 more jobs 09/08/2022, 05:07 p.m Sold buildings, closed parts of the company, outsourced development: Since the takeover by Stellantis in 2017,…
Severance payments and short-time work: Airbus does not lay off
Thursday, March 4th, 2021 Severance payments and short-time work Airbus refrains from layoffs There will be no layoffs at the European aircraft manufacturer Airbus. More than 2000 employees leave the…