Automotive

Carmaker Volkswagen announces more job cuts

Carmaker Volkswagen will shed up to 5,000 jobs between now and the end of 2023 as part of cost-cutting to finance its transition to electric vehicles, the company said in a statement Sunday.

Business

Philips cuts 6,000 jobs after sleep device recall

Embattled Dutch medical tech maker Philips said Monday that it would slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.

Business

Dutch airline KLM to cut up to 1,000 more jobs

Dutch airline KLM said on Thursday it will shed between 800 and 1,000 more jobs as the coronavirus pandemic is hitting the aviation sector for longer than expected.

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