Jaguar Land Rover, Employees Close to Settle Cost-Cutting Schedule
17 Feb 2009, 15:52 UTC · By: Bogdan Popa / While being forced by local governments to preserve jobs, some companies search for alternative programs that could reduce costs without slashing workforce. Jaguar Land Rover is surely a good exampl...
Brembo Temporarily Cuts 1,800 Jobs
17 Feb 2009, 11:49 UTC · By: Bogdan Popa / While global automakers already received financial support from their domestic governments and are now struggling to revamp sales, parts manufacturers still strive to cope with the recession and tur...
Ford Motor Credit to Cut Workforce by 1,200
16 Feb 2009, 11:23 UTC · By: Bogdan Popa / While parent company Ford Motor Co. repeatedly said it doesn't need financial aid from the United States government, the lending division belonging to the automaker is still struggling to retur...
General Motors to Slash Workforce by 10,000 Employees
10 Feb 2009, 15:18 UTC · By: Bogdan Popa / General Motors today announced that it decided to reduce salaried employment globally by 10,000 workers to 63,000 by the end of the year as part of the company's plans to cut costs and countera...
Ford Plans to Let Go Up to 850 Workers in the UK
6 Feb 2009, 14:06 UTC · By: Bogdan Popa / Ford has just announced that it plans to cut around 850 jobs in the United Kingdom due to collapsing sales and decreasing demand, the main factors that pushed global automakers to similar decisions....
Dealers Under Financial Pressure, Slash Workforce Across the US
2 Feb 2009, 10:59 UTC · By: Bogdan Popa / Even if the United States government agreed to help the struggling domestic automakers GM and Chrysler, problems are far from being over in the country. Despite the companies' efforts to preser...