German Manager Magazin: Amazon with mass layoffs, job cuts of more than 18,000 jobs002224

The wave of layoffs at the world’s largest online mail order company Amazon turns out to be significantly larger than initially assumed. CEO Andy Jassy (54) announced in a memo to employees that more than 18,000 jobs would be cut. In November there was talk of only 10,000 jobs. This is the first major downsizing… Continue reading German Manager Magazin: Amazon with mass layoffs, job cuts of more than 18,000 jobs002224

German Manager Magazine: Afeela: Sony and Honda present new brand for joint car002223

Electronics giant Sony will sell its car developed jointly with Honda under the new brand name Afeela. Their joint venture presented a prototype of the vehicle at the CES technology fair in Las Vegas, which is to be launched in North America in 2026. Among other things, Sony wants to play to the strengths of… Continue reading German Manager Magazine: Afeela: Sony and Honda present new brand for joint car002223

German Manager Magazin: BMW: 2.4 million cars sold in 2022 and therefore slightly fewer, sales of pure electric cars doubled002221

bmw sold around 2.4 million cars last year – almost 100,000 fewer than in the previous year. However, sales of fully electric vehicles have more than doubled, the carmaker announced on Wednesday in Munich. Thus, the share of all-electric BMWs and Minis in total sales reached almost 10 percent. The goal for the current year… Continue reading German Manager Magazin: BMW: 2.4 million cars sold in 2022 and therefore slightly fewer, sales of pure electric cars doubled002221

German Manager Magazin: Lidl, Aldi, Volkswagen, Beiersdorf: Family businesses create more jobs than DAX companies002221

Large family businesses have created significantly more new jobs than DAX companies in the past decade. They also hire a larger proportion of their new employees in Germany, while DAX companies without a dominant family in the background are more likely to create new jobs abroad. The Institute for SME Research at the University of… Continue reading German Manager Magazin: Lidl, Aldi, Volkswagen, Beiersdorf: Family businesses create more jobs than DAX companies002221

German Manager Magazin: Start CES 2023: VW crowns ID family with new model in Las Vegas002220

The electric ID family gets a new flagship. In the summer, VW wants to crown the model series with the ID.7. that shared Volkswagen at the premiere of a near-series study in the run-up to the CES electronics and technology trade fair (January 5 to 8) in Las Vegas. Even if the prototype still hides… Continue reading German Manager Magazin: Start CES 2023: VW crowns ID family with new model in Las Vegas002220

German Manager Magazin: SpaceX: Valuation of space company rises to 137 billion dollars002218

The evaluation of the controversial billionaire Elon Musk (51) led space company SpaceX according to a media report, climbed to 137 billion dollars (128 billion euros) in another round of financing. Investors, led by venture capital firm Andreessen-Horowitz, have pumped another $750 million into the company, he said American TV channel CNBC on Tuesday, citing… Continue reading German Manager Magazin: SpaceX: Valuation of space company rises to 137 billion dollars002218

German Manager Magazin: Tesla: Fewer deliveries in the 4th quarter than expected002218

The electric car manufacturer Tesla missed analysts’ expectations in the fourth quarter despite a delivery record. According to its own statements on Monday, the US company handed over 405,278 cars to its customers in the reporting period. However, experts had expected an average of 431,117 vehicles. Tesla was slowed down by ongoing logistics problems and… Continue reading German Manager Magazin: Tesla: Fewer deliveries in the 4th quarter than expected002218

German Manager Magazin: Tesla: Elon Musk is the first person to lose $200 billion002217

Elon Musk has suffered an unprecedented wealth loss in just over a year. Lay his estimated fortune aloud “Bloomberg” from about $340 billion in November 2021, it has since melted down to $137 billion — no one before him has lost that much money over such a period, the report says. The main reason for… Continue reading German Manager Magazin: Tesla: Elon Musk is the first person to lose $200 billion002217

German Manager Magazine: Henrik-Müller: What we can be proud of in 2022002216

Finally, the positive: The fact that things didn’t get much worse in 2022 was due to the remarkable resilience of Western societies. 2022 was really not a good year. But it offers some cause for optimism. You can build on that. We should make more of this experience. When we talked about the Outlook for… Continue reading German Manager Magazine: Henrik-Müller: What we can be proud of in 2022002216

German Manager Magazin: Auto industry: “In 2023 the auto industry is threatened by a hurricane”002215

Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Auto industry: “In 2023 the auto industry is threatened by a hurricane”002215