Aleman

German auto workers are protesting historic job cuts — RT Business News

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The country’s automakers are cutting production amid high energy costs, U.S. tariffs and Chinese competition. Thousands of auto workers across Germany have staged protests demanding protection for jobs and factories after Volkswagen announced plans to cut 100,000 jobs. Employees at Volkswagen, Mercedes-Benz, BMW, Audi, Porsche and more suppliers are taking part in large-scale actions on … Read more

The German chemicals giant announced details of the cuts — RT Business News

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Evonik plans site closures and thousands of job cuts amid industry-wide structural crisis German chemicals giant Evonik is overhauling its domestic operations amid what it describes as a “structural and economic crisis” in the industry. The German and wider European chemicals sector has been hit by plant closures, job losses and high energy costs following … Read more