Restructuring plan

Thousands of jobs to go at German car parts maker Schaeffler
Business

Thousands of jobs to go at German car parts maker Schaeffler

German auto parts and machinery maker Schaeffler AG is to cut 4,700 jobs in Europe, demonstrating that the struggle of…
Why are senior leaders at Germany’s Thyssenkrupp resigning?
Business

Why are senior leaders at Germany’s Thyssenkrupp resigning?

Bernhard Osburg, the CEO of Thyssenkrupp's steel unit, has announced his decision to leave the company — along with Sigmar…
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