German Manager Magazine: Rivian: Tesla rival Rivian has to cut jobs003128

Electric car maker Rivian Automotive is cutting personnel costs due to stuttering demand and temporary factory closures. A total of 10 percent of jobs will be lost, he said Tesla-Rival on Wednesday with. In addition to falling customer orders due to increased interest rates, the company cited downtime due to factory renovations as reasons. Rivian… Continue reading German Manager Magazine: Rivian: Tesla rival Rivian has to cut jobs003128

German Manager Magazine: Mercedes-Benz buys back shares for 3 billion euros003128

The car manufacturer Mercedes Benz wants to acquire further own shares on the market for up to 3 billion euros. The program is scheduled to start immediately after the completion of the share buybacks announced in February 2023 and are still ongoing and be completed by July 7, 2025, the company announced on Wednesday evening.… Continue reading German Manager Magazine: Mercedes-Benz buys back shares for 3 billion euros003128