The job cuts that have now been announced come in addition to 5,400 jobs that will be lost in administration. Like Bosch and ZF, Continental is now saving money on research and development. Go to Source
Category: German Press
German Handelsblatt: Uighurs: China rejects reports of forced labor at VW in Xinjiang008498
The Handelsblatt had discovered that there was evidence of forced labor during the construction of a VW test track in China. The leadership in Beijing now denies all allegations. Go to Source
German Handelsblatt: Management: Cultural change, transformation, turnaround – How SAP, Bayer and ZF want to solve their personnel problems008497
Too many employees on board or the wrong ones: numerous German companies are facing this problem. Three case studies show how workforce reductions can be dealt with – and what can go wrong. Go to Source
German Manager Magazine: Elon Musk moves SpaceX headquarters to Texas003108
The tech billionaire angry about the US state of Delaware Elon Musk (52) is the official headquarters of his space company SpaceX relocated to Texas. The 52-year-old is angry that one Judge in Delaware gave him a share package worth around $56 billion of the electric car manufacturer he also runs Tesla don’t want to… Continue reading German Manager Magazine: Elon Musk moves SpaceX headquarters to Texas003108
German Manager Magazine: Audi replaces its head of design: Massimo Frascella replaces Marc Lichte003108
Marc Lichte (54) was head of design for ten years Audi. The manager is now handing over his position to Massimo Frascella (52) on June 1st. Lichte is now taking on new tasks in the company, as Audi announced on Thursday. Lichte was considered one of the top designers at Volkswagen. He won many prizes… Continue reading German Manager Magazine: Audi replaces its head of design: Massimo Frascella replaces Marc Lichte003108
German Handelsblatt: Management: Cultural change, transformation, turnaround – How SAP, Bayer and ZF want to solve their personnel problems008496
Too many employees on board or the wrong ones: numerous German companies are facing this problem. Three case studies show how workforce reductions can be dealt with – and what can go wrong. Go to Source
German Handelsblatt: Job cuts at SAP, ZF and Co.: “Reskilling is one of the biggest levers that companies have in the transformation”008495
Jutta Rump is one of Germany’s leading human resources experts. The professor says: With strategically implemented retraining, many job cuts could be avoided. Go to Source
German Handelsblatt: China: Volkswagen prepares possible withdrawal from Xinjiang008493
The car manufacturer is under massive pressure because of its plant in western China. The Handelsblatt reported on the new allegations. A large investment company is now also drawing conclusions. Go to Source
German Handelsblatt: China: Volkswagen prepares possible withdrawal from Xinjiang008493
The car manufacturer is under massive pressure because of its plant in western China. The Handelsblatt reported on the new allegations. A large investment company is now also drawing conclusions. Go to Source
German Handelsblatt: BMW, VW, Mercedes: Auto stocks attract buyers with low valuations008492
The German car manufacturers have solid sales figures and are still cheaply valued. Is now the right time to get into auto stocks? Go to Source