The automaker said the reductions at its factory in Cologne come on top of 4,000 job cuts across Europe that were announced last year.
Category: Layoffs and Job Reductions
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The Long-Term Unemployed Today? College Grads.
For years, only a small portion of the people experiencing long spells of joblessness were college graduates. That’s starting to change.
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Shawn Fain, Who Pledged to Reform U.A.W., Faces Internal Dissent
Dissidents are seeking to oust Mr. Fain as president of the United Automobile Workers union as he prepares to run for re-election next year.
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In “All The Cool Girls Get Fired,” Oprah, Jamie Lee Curtis and More Share Stories
In a new book, two longtime fashion editors — along with Oprah Winfrey, Jamie Lee Curtis and Katie Couric — open up about times they got canned.
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5 Ways to Protect Your Money When You’re Over 50 and Laid Off
When you’re over 50 and suddenly unemployed, priorities will switch to paying bills over saving for retirement. Here are ways to manage.
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Ozempic Maker Novo Nordisk to Cut 9,000 Jobs
The Danish drugmaker said it needed to streamline operations and become more agile, as it faces a more competitive and consumer-focused market.
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Second Weak Jobs Report Undercuts Trump’s Claims of a Booming Economy
After a bad employment report in August, President Trump fired the official in charge of the numbers. This month’s data was just as disappointing.
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Labor Market Stalled This Summer, With August Data Adding to Slowdown
Employers added 22,000 jobs in August. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020.
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Labor Market Stalled This Summer, With August Data Adding to Slowdown
Employers added 22,000 jobs in August. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020.
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PBS to Cut 15% of Its Staff
Congress voted this year to strip $500 million in annual funding from public broadcasters, including PBS stations.
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John Deere, a U.S. Icon, Is Undermined by Tariffs and Struggling Farmers
The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops.
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The Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent.