Volkswagen Prepares Workers for Overhaul That Could Cut 120,000 Jobs
Automotive

Volkswagen Prepares Workers for Overhaul That Could Cut 120,000 Jobs

CEO Oliver Blume tells staff the situation is ‘more than critical’ as the group plans to halve its model range by 2035; ...

Ronan Kavanagh 👁 53 💬 0
Amit Metaliks Targets 800-Day Completion for ₹4,000-Crore Bengal Steel Plant
Companies

Amit Metaliks Targets 800-Day Completion for ₹4,000-Crore Bengal Steel Plant

The company is weighing a faster 800-day timeline for its greenfield integrated steel project in Purulia, and says local...

Declan Byrne 👁 56 💬 0
Google DeepMind Expert: No Evidence of AI Job Collapse, but AI Panic Could Trigger Copycat Layoffs
Technology

Google DeepMind Expert: No Evidence of AI Job Collapse, but AI Panic Could Trigger Copycat Layoffs

Alex Imas says current data do not show a white-collar employment collapse from AI. The bigger near-term risk, he argues...

Eitan Shapiro 👁 58 💬 0
AI’s Jobs Riddle Deepens as Layoffs, Growth Studies, and CEO U-Turns Collide
Technology

AI’s Jobs Riddle Deepens as Layoffs, Growth Studies, and CEO U-Turns Collide

Big Tech firms shed thousands while studies show AI adopters can grow headcount. Economists demand policy action as the ...

Eitan Shapiro 👁 57 💬 0
Siemens Invests $200 Million in US Plants to Ride AI Data-Center Boom
Companies

Siemens Invests $200 Million in US Plants to Ride AI Data-Center Boom

The industrial giant is adding two new US factories for electrical data-center equipment, creating 1,500 jobs, as record...

Declan Byrne 👁 55 💬 0