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Breyden schließt Gießerei Ueckermünde: 320 Jobs bis Jahresende weg
Breyden schließt seine Eisengießerei in Ueckermünde zum Jahresende. 320 Mitarbeiter verlieren ihre Jobs. Grund: sinkende Nachfrage und zu hohe Energiekosten im Vergleich zu Asien.
Volkswagen Terminates 10 Collective Agreements as Union Prepares October 2 Showdown
Volkswagen terminates 10 collective bargaining agreements for 127,000 German employees effective December 31, 2026. IG Metall and works council vow resistance; strikes possible from January 1, 2027.
Galderma Joins SMI Index as Sales Growth Accelerates to 24.6% in H1 2026
Galderma joins SMI index as Switzerland’s leading dermatology company. Net sales grew 24.6% in H1 2026, prompting guidance raise to 19-21% for full year. GALD.SW up 3.6% on the news.
Partners Group Stock Drops 9.7% as H1 Profit Falls 13%, CEO to Step Down
Partners Group stock plunges 9.7% after H1 profit fell 13% to CHF 502 million. CEO David Layton to return to investment role; co-CEO structure returns January 2027.
Volkswagen Stock Drops as Porsche SE Demands Swift Cost Cuts, August 09
Porsche SE demands rapid restructuring at Volkswagen after EUR 2.2B loss. CEO Blume’s plan to cut 50,000 jobs and close four German plants faces union and state resistance. Meyka grades VOW3.DE a B.
Dudenhöffer fordert 40-Stunden-Woche bei VW ohne Lohnausgleich, Juli 12
Dudenhöffer fordert 40-Stunden-Woche bei VW ohne Lohnausgleich zur Kostensenkung. Supervisory Board lehnte Blumes Reformplan ab. VOW3.DE fällt 0,75%.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 11
Volkswagen plans to slash 50% of its model range and cut 100,000 jobs by 2030 to combat falling profits and Chinese competition. The restructuring faces union opposition after supervisory board rejection on July 10.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 10
Volkswagen plans to cut 50% of models and slash 100,000 jobs by 2030 as CEO Oliver Blume unveils radical restructuring. Production capacity falls from 10M to 9M vehicles annually.
Volkswagen CEO Plans To Cut 100,000 Jobs In Major Overhaul
Volkswagen is preparing for one of the biggest restructuring plans in its history. Reports suggest CEO Oliver Blume wants to reduce the global workforce by as many as 100,000 employees over the next few years while lowering investment spending and reshaping the group’s business. The reported plan comes as the German automaker faces slower demand…