Jobs

Schaeffler to cut 4,700 jobs amid challenging European market

Posted by November 6, 2024

Schaeffler is set to trim its European workforce, impacting 4,700 employees. Germany will see the maximum cuts, with about 2,800 layoffs across ten

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Hearing of Commissioner-designate Dan Jørgensen | News | European Parliament

Posted by November 5, 2024

In his introduction, Commissioner-designate Dan Jørgensen said that energy policy is at the core of all the challenges Europe currently faces - on competitiven

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Schaeffler to cut thousands of jobs, hit by weak auto…

Posted by November 5, 2024

Its shares fell 4.7% by 1120 GMT and are down more than 20% so far thi

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Thousands of jobs to go at German car parts maker…

Posted by November 5, 2024

The company is downsizing at 10 locations in Germany and five other sites in Europe, further illustrating the challenges facing the European car indust

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Schaeffler to cut 4,700 jobs as clouds over Europe’s auto…

Posted by November 5, 2024

German machine and car parts maker Schaeffler on Tuesday said it planned to lay off 4,700 people in Europe after its operating profit almost halved in the third

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Stocks Rise as Dip Buyers Fuel Wall Street Rebound: Markets…

Posted by November 1, 2024

(Bloomberg) -- Stocks staged a late-week rebound, with traders looking past noisy economic data and uncertainties about one of the most closely contested el

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European shares climb before US jobs data

Posted by November 1, 2024

(Alliance News) - European equities were higher solidly on Friday afternoon ahead of a key US jobs report, with the FTSE 100 clawing back some post-budget weakn

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Unilever slashes anticipated European job cuts, moves some staff to…

Posted by November 1, 2024

Unilever will cut around 1,500 fewer jobs in Europe than previously anticipated as part of a cost-saving programme that involves spinning off its ice cream unit

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European markets higher as oil and gas stocks lead gains;…

Posted by November 1, 2024

This is CNBC's live blog covering European markets. European markets were higher on Friday, starting November on a positive footing as traders

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Europe stocks close higher as global markets react to weaker-than-expected…

Posted by November 1, 2024

This was CNBC's live blog covering European markets. European markets closed higher on Friday, starting November on a positive footing as trad

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Europe stocks close higher as global markets react to weaker-than-expected…

Posted by November 1, 2024

This was CNBC's live blog covering European markets. European markets closed higher on Friday, starting November on a positive footing as trad

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European markets expected to start November in mixed territory as…

Posted by November 1, 2024

This is CNBC's live blog covering European markets. European markets are expected to open mixed on Friday, reflecting a tentative start to Nov

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