Job cuts

PSA plans to cut 850 jobs at French factory, report says

Feb. 5, 2016 11:04 CET

PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported....
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Ford will cut jobs in Europe to boost profits

Feb. 3, 2016 10:13 CET

Ford plans to cut white collar jobs in Europe to help lift its weak profitability in the region. Ford also said it plans to reduce its European manufacturing expenses by 7 percent....
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AutoNation cuts inventory, jobs

12:01 am U.S. ET | Feb. 1, 2016

AutoNation will trim marketing costs and vehicle inventory by about 10 percent from year-end levels. It already has cut jobs in light of increased discounting, plateauing sales and declining vehicle margins, all of which trimmed its fourth-quarter earnings....
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THE VW DIESEL CRISIS

Volkswagen considers cutting temporary staff

Oct. 17, 2015 15:25 CET

VW is considering a reduction in temporary workers as part of efforts to offset the cost of the emissions scandal. The outlook for sales and employment levels is unpredictable, the company said after reporting lower September deliveries....
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Aston Martin will cut up to 295 jobs as a part of restructuring

Oct. 15, 2015 08:57 CET

Aston Martin said it would cut up to 295 jobs as it tries to turn around its money-losing business....
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Autoliv ready to cut more staff in China as car sales stall

Oct. 2, 2015 14:47 CET

Autoliv is ready to cut more jobs in China as the supplier reacts to a decline in light vehicle production in the market in the past few quarters....
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JCI targets 3,000 job cuts in salaried ranks

9:04 am U.S. ET | Sept. 18, 2015

Johnson Controls will cut as many as 3,000 salaried jobs over the next two years under an ongoing cost savings program and ahead of plans to streamline and divest its auto interiors business....
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Renault-Nissan will cut jobs, production in India

Aug. 20, 2015 12:32 CET

Renault-Nissan plans to cut several hundred jobs in India and reduce production at its plant near Chennai. The move is in reaction to slowing sales caused by the slow pace of new product launches and growing competition from rivals such as Maruti Suzuki and Hyundai....
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Schaeffler will cut 500 jobs as first-half earnings drop nearly 2%

Aug. 20, 2015 11:04 CET

Schaeffler plans to cut up to 500 jobs in Europe at its industrial division. Earnings at the unit, which makes ball bearings for cars, airplanes and industrial tools, fell 1.7 percent to 171 million euros ($190 million) in the first six months....
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Volkswagen will cut production, jobs at Russian plant

March 23, 2015 11:55 CET

Volkswagen said it will reduce shifts and lay off at least 150 workers at its car plant in Kaluga, Russia, as demand shrinks. The company builds Audi, VW and Skoda cars in Kaluga....
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Cooper-Standard plans to close factories in Europe in cost-cutting move

Feb. 10, 2015 06:01 CET

U.S. supplier Cooper-Standard Automotive plans to shutter factories and cut jobs in Germany and France as it restructures its European operations.The company, which has 12 factories in western Europe, declined to name which factories will be closed or downsized....
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