Judge asks PSA to delay French job cutsApril 15, 2013 16:19 CET  PSA may have to postpone job cuts by at least 10 days as it awaits a court ruling on its restructuring the strategy. A judge overseeing a lawsuit by the CGT union aimed at canceling the work force reduction asked PSA to postpone a meeting with labor leaders until after the court reaches a decision on April 26.... Read More »
Schaeffler to cut up to 750 jobs in Germany, union saysApril 14, 2013 14:31 CET  IG Metall said supplier Schaeffler plans to cut up to half of its 1,500 jobs at a facility in western Germany.... Read More »
GM Holden cuts 500 Australian workers citing currency strength 2:16 pm U.S. ET | April 8, 2013 GM's Holden division will cut about 500 jobs in Australia, saying the strong local dollar and currency devaluations in competing markets had made operations in the nation among the most expensive in the world.... Read More »
Fisker lays off 75% of its employees amid financial woes 12:20 pm U.S. ET | April 5, 2013  Fisker Automotive, the plug-in hybrid sports car maker grappling with financial woes, today laid off 75 percent of its more than 200 employees. About 53 senior managers and executives have been retained to pursue buyers for the company's assets.... Read More »
Goodyear will close French plant on Europe troublesJan. 31, 2013 11:49 CET Goodyear will close its main French plant and cut its work force in the country by 39 percent amid labor disputes and plunging auto demand in Europe.... Read More »
Ford offers buyouts in Europe to help cut costsSept. 25, 2012 19:30 CET  Ford is making buyout offers to "a few hundred" white-collar European workers as the automaker struggles to rein in costs amid plunging vehicle sales.... Read More »
Ford offers severance pay to European workers 1:30 pm U.S. ET | Sept. 25, 2012  Ford, which expects to lose more than $1 billion in Europe this year, is offering severance packages to "a few hundred" white-collar European workers as the automaker struggles to rein in costs amid plunging vehicle sales.... Read More »
Daimler to cut production at largest car plant 2:58 pm U.S. ET | Sept. 24, 2012  Daimler is planning to cut production at its largest car plant, a source familiar with the situation told Reuters, as deteriorating markets in Europe and China hit sales of its Mercedes-Benz cars.... Read More »
New Maserati could be only brief respite for Fiat workersAug. 27, 2012 19:32 CET Workers at Fiat's Grugliasco plant outside Turin are poised to return to their jobs in September to start building a sleek Maserati Quattroporte model, but colleagues elsewhere may not be so fortunate.... Read More »
Ford to slash 15 percent of workforce in Australia 1:55 pm U.S. ET | July 17, 2012 Ford's Australian unit said today it plans to cut up to 440 jobs, or about 15 percent of its workforce, and slash production by almost 30 percent to cope with a slide in popularity of its top model, the Falcon.... Read More »
Report: Mazda will cut jobs in U.S. and Europe 12:01 am U.S. ET | June 4, 2012  Mazda Motor Corp. plans to cut 150 jobs in the United States or about 20 percent of its local work force this year as part of it global restructuring plan, Japan's Nikkei business daily reported last week.... Read More »
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