layoffs
layoffs
3 stories tagged layoffs.
World
Volkswagen's CEO Told Workers He Grew Up There. They Booed Him Anyway.
Volkswagen approved 50,000 more job cuts — bringing the total to 100,000 — after CEO Oliver Blume was jeered by his own workers while announcing the company's biggest overhaul in 89 years.
Business
Uber Is Cutting 3,300 Jobs. The CEO Says It's Not About AI.
Uber is cutting roughly 10% of its global workforce — about 3,300 jobs — in its largest round of layoffs since the pandemic, aiming to shrink management layers and free up money for ridesharing, delivery, and robotaxis.
Business
Volkswagen Approves Deepest Restructuring in Its 89-Year History, Cutting 100,000 Jobs Total
Volkswagen's supervisory board unanimously approved cutting 50,000 more jobs on top of 50,000 already planned, along with halving its model lineup, as it battles Chinese competition and rising US tariffs.