A 2026 roundup of layoffs at chemical giants like BASF involves nearly 10,000 people.
Wacker Chemie
Announced on May 8, 2026; implementation to be…
Bayer CEO Anderson sticking out firm’s revitalization scheme
With Bayer’s pharma sales growth lagging behind its crop science and consumer health divisions in the second quarter,…
Volkswagen’s Biggest Shareholders Sound The Alarm Over Chinese Competition. They Seek a Dramatic Restructuring
Volkswagen‘s controlling family shareholders have delivered their strongest public endorsement yet of a sweeping restructuring plan, urging management…
Porsche to axe one in five jobs by 2035 as China, EV woes bite
BERLIN: German luxury carmaker Porsche will cut around one in five jobs by 2035, with 9,000 positions to…
Porsche to shed 5,000 jobs by 2035 under German factory pact
Published Mon, Jul 27, 2026 · 11:27 PM [STUTTGART] Porsche agreed to eliminate 5,000 jobs by 2035 as…
Porsche to axe one in five jobs by 2035 as China, EV woes bite
The Porsche brand logo as lettering can be seen on the rear of a vehicle from the sports…
Volkswagen Missed Its Profit Forecast, Deepening Its Crisis. CFO Says 4% Margin Is a ‘Wake-Up Call’
Volkswagen is accelerating one of the most sweeping restructurings in its history after reporting weaker-than-expected second-quarter earnings, with…
Bayer files a WARN notice for employees affected by farm operation consolidations on Maui and Oʻahu : Maui Now
An aerial view shows a Bayer Maui field mauka of North Kīhei and southeast of Keālia Pond National…
Volkswagen Group Internal Memo Reportedly Calls For Doubling Layoffs
The Volkswagen Group has already announced plans to cut 50,000 jobs. An internal memo seen by Reuters reportedly…
Volkswagen is Fighting Rising Costs and Global Competition. Its CEO Says 100,000 People Could Be Laid Off To Reorganize
Volkswagen CEO Oliver Blume has warned employees that the German automotive giant may need to eliminate roughly 50,000…
Volkswagen Rolls Out Plan to Cut Its Global Lineup By Half And Potentially Slash 100,000 Jobs
(Image: TFL Studios) Volkswagen is planning drastic action to restructure its business, like shelving half its global lineup.…
Unions To Protest As Volkswagen Thrashes Out Job Cut Plans • Channels Television
German auto giant Volkswagen’s management meets Thursday to thrash out plans for what could be the biggest-ever…