The Guardian
VW Proposes to Slash Up to 100,000 Jobs, Union Promises to Make Life Difficult
Volkswagen wants to cut up to 100,000 jobs and close four German plants; unions are not amused and plan protests.
The Guardian
Volkswagen wants to cut up to 100,000 jobs and close four German plants; unions are not amused and plan protests.
The Guardian
German car industry warns of job collapse, suggests selling factories to Chinese rivals as 'bold decision' - because nothing says saving jobs like handing them over to the competition.
BBC Business
BAT cuts 9,000 jobs to become 'AI-focused' while lamenting that regulators and cheap Chinese vapes are ruining its pivot from lung cancer to nicotine addiction.
BBC Business
DS Smith's plan to close a paper plant in Launceston sparks a protest, as 167 workers face the axe and locals realize that 'tough trading conditions' is just corporate for 'we're moving on.'
The Guardian
City & Guilds faces legal and industrial action over plans to cut about 400 UK jobs while allegedly hiring new staff - a classic 'Do as I say, not as I recruit' approach.
BBC Business
Standard Chartered boss Bill Winters apologises for calling employees whose jobs may be replaced by AI 'lower value human capital' - a phrase that goes over about as well as you'd expect.
BBC Business
Whitbread says it will cut 3,800 jobs and revamp its restaurants to save £250m, because nothing ruins a good night's sleep like a redundancy letter.
The Good Times
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