Found 20 articles
Volkswagen CEO Oliver Blume has warned that the German automaker is facing a “more than critical” situation as it battles weak demand, overcapacity and growing competition from Chinese manufacturers. The company is considering major cost-cutting measures and job reductions, while plant closures remain under discussion.
Volkswagen CEO Oliver Blume is facing growing opposition from workers and unions as he pushes a sweeping restructuring plan that could eliminate up to 100,000 jobs and reduce costs across the German automaker.
Volkswagen is embarking on one of the biggest transformations in its history, combining around 100,000 cumulative workforce reductions with a sharply smaller model portfolio as it battles rising competition, excess capacity and weak profitability.
Apple has confirmed job cuts across teams working on Siri, Vision Pro and related software, with more than 200 positions reportedly affected. The changes come as Apple rebuilds Siri around a new AI architecture while shifting its focus toward future smart glasses.
New York City has reportedly surpassed Silicon Valley in the number of tech workers, while Apple is cutting around 200 jobs tied to Siri and Vision Pro ahead of John Ternus taking over as CEO.
Hanuman Ansh, reportedly made for less than ₹2 crore, has crossed the ₹100-crore mark in theatres. The film's young producer Anupriya Nagar says her journey began unexpectedly after she discovered Neem Karoli Baba's connection with Steve Jobs.
PayPal is set to eliminate 251 positions at its San Jose headquarters, with senior engineering and management roles among those affected as the company restructures operations and increases its focus on AI.
The Trump administration has proposed ending the 60-day grace period for H-1B and other temporary workers after employment ends, a move that could hit Indian professionals particularly hard.
Jaguar Land Rover plans to reduce its global workforce by around 4,000 roles while targeting £1.7 billion in savings, as the luxury automaker simplifies its operations and prepares five new products.
Uber is eliminating around 10% of its global workforce as CEO Dara Khosrowshahi pushes for a leaner organisation, fewer management layers and greater investment in mobility, delivery and autonomous transportation.
Uttar Pradesh Chief Minister Yogi Adityanath has announced that appointment letters will be issued to one lakh young people over the next six months, highlighting the state government's recruitment drive and employment initiatives.
The United States remains the world’s strongest financial centre, while the UK and Hong Kong continue to dominate specific areas of banking and capital markets, according to a decade-long analysis by New Financial.
