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    • Automotive Industry & Job Cuts

Automotive Industry & Job Cuts Newsletter
  • Apple And Tesla Supplier STMicroelectronics Plans Up to 3,000 Job Cuts in Italy and France 31 Jan 2025 18:16 GMT

    STMicroelectronics NV STM is considering downsizing its workforce in Italy and France by up to 6%, implying 2,000-3,000 workers. On Thursday, STMicroelectronics reported fourth-quarter net revenues of $3.32 billion, up by 22.4%, topping the analyst …

  • ST looking for 6% job cuts 31 Jan 2025 13:26 GMT

    The reduction could affect up to 2000 to 3000 people out of ST’s 50,000 workforce.  The number of cuts is said to be under discussion. On Thursday, CEO Jean-March Chery said the company is looking to shrink its cost base and is planning an early retirement …

  • Job cuts under way: how much worse might it get? 31 Jan 2025 09:59 GMT

    In October 2024 the German automotive trade association VDA published a … different sets of data on job cuts and identifying the definitive picture …

  • How will Madison County respond to massive Nissan jobs cut?  30 Jan 2025 02:01 GMT

    … cutting move by the Japanese auto maker. The buyouts are targeted … reached out to the United Auto Workers for comment, but they … reduction and 9,000 global job cuts in November. Up next:Is …

  • EU drawing-up ‘action plan’ to support struggling auto industry 31 Jan 2025 08:20 GMT

    … 's biggest automotive producers having been struggling … the bloc’s beleaguered auto sector as it faces … s competitiveness. “The European automotive industry is at a pivotal … competition. Announcements of possible job cuts have multiplied. Volkswagen plans …

  • EU seeking ways to save its beleaguered auto industry 31 Jan 2025 07:22 GMT

    … the bloc's beleaguered auto sector as it faces mounting … ;s competitiveness. "The European automotive industry is at a pivotal … Chinese competition. Announcements of possible job cuts have multiplied. Volkswagen plans to …

  • EU revs up to fight slump as high prices and Chinese competition throttle auto industry 30 Jan 2025 17:59 GMT

    … bloc's troubled automotive sector. Manufacturers say high … . However, possible job cuts — firms announced 88,000 job reductions in 2024 — … a robust and sustainable automotive sector,” she added. … to decarbonize the European automotive industry — one that …

  • EU vows ‘action plan’ for beleaguered auto sector 30 Jan 2025 12:15 GMT

    … help the bloc’s beleaguered auto sector as it held talks … ’s lagging competitiveness. “The European automotive industry is at a pivotal … from China. Announcements of possible job cuts have multiplied. Volkswagen plans to …

  • EU vows 'action plan' for beleaguered auto sector 30 Jan 2025 11:18 GMT

    … plans to help its struggling automotive sector, promising an "action … manufacturers. The EU's automotive industry faces high costs, a … electric vehicles, and concerns over job cuts. Industry leaders, including Volkswagen and …

  • EU Holds Auto Talks To Revive Embattled Car Sector 30 Jan 2025 07:04 GMT

    … get underway on Thursday, with automotive CEOs awaited in Brussels to … industry group. Announcements of possible job cuts have multiplied. Volkswagen reached an …

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