Economics ❯Labor Market ❯Employment Trends ❯Job Reductions

Corporate Restructuring

Workday Cuts 1,750 Jobs to Focus on AI Investments

The layoffs, representing 8.5% of the workforce, are part of a restructuring plan prioritizing artificial intelligence and global expansion.

Thyssenkrupp Announces Major Restructuring with 11,000 Job Cuts by 2030

Bosch to Cut 5,550 Jobs and Reduce Hours for 10,000 Workers in Germany

Volkswagen Faces Major Crisis with Potential Factory Closures and Job Cuts

Major German Auto Suppliers Announce Significant Job Cuts