Ford Starts Cutting Those Jobs It Said It Would, First 3,000 Employees Notified This Week
23 Aug 2022, 09:47 UTC · By: Cristian Agatie / Ford announced last month that it would cut 8,000 jobs to streamline operations for the EV era, and the first 3,000 employees were notified this week
Tesla Lays Off 200 Autopilot Workers, Closes San Mateo Facility
29 Jun 2022, 16:27 UTC · By: Ancuta Iosub / Before these job cuts, the California-based facility had about 350 people in its employ, but some had already been moved to a facility in Palo Alto
Daimler to Cut Thousands of Jobs, Reduce Weekly Working Time
29 Nov 2019, 14:20 UTC · By: Daniel Patrascu / Daimler will slash through management positions, temporary workers and administration to save a total of €1.4 billion by the end of 2022
Ford to Fire 7,000 Employees Worldwide
20 May 2019, 15:01 UTC · By: Daniel Patrascu / Ford on the verge of cutting 7,000 white-collar jobs, 2,400 of which in North America, in a move that is likely to save it $600 million per year
Peugeot Cuts Another 1,500 Jobs in France
12 Dec 2012, 14:44 UTC · By: Mihnea Radu / PSA Peugeot Citroen announced recently that that it want to shrink its workforce by 11,200 people, or 17%, over the next couple of year in order to deal with one of the worst slowdowns in recent his...
Saab Considers Job Cuts, to Be Made by Year’s End
22 Sep 2011, 15:07 UTC · By: Mihnea Radu / Saab has bought itself a bit of breathing room, so it’s time to show that changes are indeed going to happen to ensure the company’s survival. The first significant move is the reduct...
Lotus to Cut Jobs in Norfolk After Losing Government Funding
6 Jun 2011, 12:24 UTC · By: Mihnea Radu / The famous British sportscar maker Lotus is planning to cut up to 99 jobs Norfolk plant after losing out on £27.5m of government funding. Staff at the site have been told that invited applicat...
Ferrari to Reduce Work Force by 9% and Idle Production
12 May 2010, 13:14 UTC · By: Dan Mihalascu / Ferrari is planning to eliminate 9 percent of its work force after Maserati reduced orders for engines. The Maranello-based sportscar maker, which employs about 3,000 people, is also seeking to idle...
Michelin Profit Down 71% in 2009
12 Feb 2010, 13:28 UTC · By: Andrei Tutu / Michelin, the world’s second largest tiremaker, announced that its profit decreased by 71 percent in 2009 as a result of falling sales and increasing reorganization costs. The company&rsquo...
Peugeot Cuts 5,700 Jobs in France
20 Jan 2010, 08:29 UTC · By: Andrei Tutu / Europe’s second biggest carmaker, PSA Peugeot Citroen, has cut 5,700 French Jobs, surpassing the 3,500 voluntary departure target set in 2009, Bloomberg wrote. One thousand seven hundred pe...
Bosch Closes its UK Cardiff Plant: 900 Jobs Axed
15 Jan 2010, 18:50 UTC · By: Andrei Tutu / Bosch will close its Cardiff UK automotive electrical components plant at the end of 2011 cutting up to 900 jobs, just-auto.com reported. The factory’s situation has previously been analyze...
AvtoVAZ to Kill 27,600 Jobs
24 Sep 2009, 10:14 UTC · By: Daniel Patrascu / The largest Russian car manufacturer, AvtoVAZ, announced today it plans to cut about a quarter of its workforce in an effort to compensate for the severe drop in sales it is experiencing with its L...
GM Drives Passenger Car Production Overseas
10 May 2009, 08:45 UTC · By: Bogdan Popa / There's no wonder that automakers around the world are seeking ways to reduce costs in every single area but, in GM's case, things are evolving in desperate way. As if the so-many cost-cut...
Fiat/Opel to Can 18,000 Jobs, Close Ten Plants
6 May 2009, 07:25 UTC · By: Daniel Patrascu / The fact that the Italian manufacturer wants Opel is no longer a secret for some time now. The debate on the subject has now moved to the more human side of the possible merger, as German unions and...
GM to Fire 1,600 US Workers This Week
21 Apr 2009, 15:30 UTC · By: Bogdan Popa / General Motors continues its fight for survival and today announced that as part of its attempt to reduce workforce and save costs, around 1,600 workers will be fired this week. The plan was announc...
Tata Says It May Slash UK Workforce without Government Support
25 Mar 2009, 10:33 UTC · By: Bogdan Popa / Although Tata Motors recently warned that it may cut jobs in the United Kingdom without government support, Jaguar Land Rover insisted that no layoffs will take place for the time. Workers earlier t...
GM Job Cuts Begin, 47,000 to Be Laid Off
25 Mar 2009, 08:02 UTC · By: Daniel Patrascu / GM began yesterday its feared job cutback program, aimed at scaling back its workforce in an attempt to get back on track, as agreed with the US government. The manufacturer told yesterday morning s...
GM Needs Money From All Over Europe
4 Mar 2009, 18:53 UTC · By: Daniel Patrascu / If you first don't succeed, try again, the saying goes. It is what GM is doing in order to raise the much needed $4.2 billion. The company is now talking to Spain, Britain and several other co...
Nissan Cuts Jobs in Spain
26 Feb 2009, 13:25 UTC · By: Daniel Patrascu / The Spanish automotive market, one of the most crisis-damaged market in Europe is to receive yet another blow to both its prestige and its hopes for better times. Nissan has reached an agreement wit...
Goodyear Cuts 5,000 Jobs, Freezes Salaries
18 Feb 2009, 14:09 UTC · By: Daniel Patrascu / Another bad news comes from the US, this time from a tire manufacturer. Goodyear Tire & Rubber Co. has announced it will cut nearly 5,000 jobs and will freeze salaries to the remaining ones. The...