9+ hour, 20+ min ago  (593+ words) Workers across Germany staged coordinated protests after reports claimed Volkswagen could cut up to 100, 000 jobs worldwide, even as the automaker's supervisory board meeting ended without confirming the plans. Volkswagen is facing mounting pressure from workers and unions after reports of…...

2+ day, 12+ hour ago  (467+ words) The luxury carmaker is reportedly considering up to 4, 000 additional job cuts as it prepares a new savings package, extending a restructuring programme that has already reduced its workforce through planned role reductions, expired contracts and subsidiary closures. Porsche could cut…...

1+ week, 4+ day ago  (373+ words) The German carmaker has unveiled a series of cost-cutting measures, including longer working hours, deferred bonus payments and relocating some functions abroad as pressure on the automotive sector intensifies. Mercedes-Benz has asked employees to work longer hours for the same…...

2+ week, 1+ day ago  (404+ words) Leadership transition comes months after Prada Group completed its acquisition of the Italian luxury fashion house. Luxury fashion house Versace has confirmed the resignation of Chief Executive Officer Emmanuel Gintzburger, marking another leadership change as the brand enters a new…...