WorldPingVolkswagen announced Thursday that it will cut another 50,000 jobs worldwide under its biggest restructuring in the company's 89-year history, as the German carmaker faces pressure from US tariffs, overcapacity and fierce competition from Chinese rivals.
This is a short WorldPing brief. The full report was published by France 24.
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WorldPingThe group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 by 2030.
Brief by WorldPing · Original reporting by BBC Business
WorldPingUnder-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure The car company Volkswagen has announced it will shed 100,000 jobs by the end of the decade after being hit by US tariffs and fierce co…
Brief by WorldPing · Original reporting by The Guardian
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
Brief by WorldPing · Original reporting by CNBC World
WorldPingEXCLUSIVE: ABC is adding to its unscripted lineup. The Disney-owned network has greenlit competition series Limited Time Offer from VaynerWatt, the production company founded by marketing mogul Gary Vaynerchuk and former CAA agent Eric Wattenberg.
Brief by WorldPing · Original reporting by Deadline
WorldPingThe latest crystal-covered Razr phone is here.
Brief by WorldPing · Original reporting by Engadget
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