Switzerland: All Nord Stream 2 employees have been fired
All employees of the Swiss-based consortium behind the controversial Nord Stream 2 project have been fired, Swiss Economy Minister Guy…
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Continental is extending its restructuring, could lay off 30,000 employees
Continental AG announced on Tuesday that it intends to reduce its costs by more than one billion euros a year…
OMV does not exclude the possibility of resorting to lay-offs due to the coronavirus crisis
Austrian OMV Group plans to expand its current four billion euro cost reduction program, said CEO Rainer Seele, who added…
German business community calls for “Kurzarbeit” law
The second questionnaire regarding the effects of the COVID-19 pandemic on business, carried out by AHK Romania, shows that all…
Survey finds most German automotive suppliers expect to cut jobs
More than half of Germany’s automotive suppliers are planning to cut jobs, according to a survey by the Association of…
Bosch cuts jobs as diesel, petrol car demand dwindles
German car part supplier Bosch will cut around 2,600 jobs in the coming years because the demand for diesel and…
Starting from July 2,000 employees will be laid off from CEO
2,000 employees of Oltenia Energy Complex (CEO) will be dismissed from 1 July 2016, announced the state energy company’s leadership.…
Prospecțiuni fires workers due to delays provoked by protests against shale gas explorations
The General Manager of geophysical and geological prospecting services Prospecțiuni says he fired a few dozens of people out of…
Siemens CEO Kaeser Cuts 15,000 Jobs to Catch Up With GE & ABB
Siemens AG’s new Chief Executive Officer Joe Kaeser will cut more jobs than initially planned to boost earnings after the…