Browsing: Germany
German Fortune 500 companies have announced over 60,000 layoffs this year, but the biggest employee cull is still to come
German companies in the Fortune 500 Europe have announced over 60,000 layoffs this year, in a sign of the country’s…
Bosch, one of Germany’s biggest employers, cuts working hours for 10,000 extra staff following expanded layoffs
Robert Bosch, the struggling German industrial giant undertaking a massive overhaul of its workforce, has doubled down on cost-saving efforts…
German giant Bosch becomes latest firm to give employees unwanted 4 day week as economy falters
German car supplying giant Robert Bosch has become the latest company in the country to feel the strain of Germany’s…
Angela Merkel, once celebrated as one of the world’s most popular politicians, now faces growing scrutiny over her legacy
Former German chancellor Angela Merkel was still one of the world’s most popular politicians when she retired in 2021, but…
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the transition…
BMW boss says Trump tariffs may actually give automaker ‘an advantage’ amid China wipeout
The bosses of Europe’s biggest carmakers will likely be sweating at the prospect of what a stunning Donald Trump election…
Environmental disruptions due to climate change are causing cacao trees to die, raising chocolate prices and underscoring the need for…
German bosses are blaming the country’s economic woes on ‘work-shy’ Gen Z calling in sick nearly 20 times a year
Germany is in a structural crisis—with falling exports, soaring energy prices, and weakening competitiveness in its most important sectors. But…
Ikea pledges €6 million to former prisoners of communist East Germany who were forced to build flat-pack furniture during the Cold War
Ikea agreed to pay millions to former prisoners who worked at German factories between 1960 and 1990. The Swedish company…
Germany’s lost decade: How the Fortune 500 Europe giant is flirting with long-term irrelevance
There is an elephant in the room of the 2024 edition of the Fortune 500 Europe. It’s not a crisis-riddled…