Job Loss
- Europe
Bosch: Up to 10,000 German jobs at risk as car market stutters
The world’s largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to…
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Volkswagen staff resume strike action amid fears of plant closures
Thousands of employees downed tools for four hours in nine German plants as the car maker and its unions opened…
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French bank previously owned by HSBC plans to slash 1400 posts
CCF, formerly HSBC France, is planning to cut 36% of its workforce and close a third of its branches. ADVERTISEMENT…
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Big drop in German consumer confidence beats hopes of economic growth
A key survey shows Germans preparing to tighten their belts rather than boost private consumption, the sector which provides half…
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Ford to cut thousands of jobs in Europe blaming poor EV sales
The job cuts, which will account for around 14% of the company’s total European workforce, are expected to happen by…
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Deutsche Bank fires more than 100 bankers in attempt to slash costs
Deutsche Bank announced that more than a hundred posts will be axed among its senior private wealth and retail bankers…
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Thousands of job cuts on the way across struggling sectors in Europe
The latest redundancy plans come from German car parts maker Schaeffler and French grocery chain Auchan. ADVERTISEMENT Thousands of job…
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Which sectors in Europe are most threatened by automation?
Eighty-three million positions might be at risk by 2027, with jobs in accommodation, wholesale and arts potentially severely impacted. ADVERTISEMENT…
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Italian bank plans huge job cuts as it looks to AI and digitalisation
Intesa Sanpaolo is to cut thousands of jobs and focus on a more resilient business model including more use of…
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Airbus to cut up to 2,500 jobs in defence and space unit
The European firm is suffering from disrupted supply chains, rapid changes in warfare, and increasing budget constraints. ADVERTISEMENT Airbus plans…
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