Volkswagen, Europe’s largest automaker, reached a groundbreaking agreement with labour unions on Friday to implement sweeping changes across its German operations, including the reduction of …

General Motors (GM) is executing another round of significant workforce reductions, laying off approximately 1,000 employees globally, with the majority of cuts occurring in the …

Audi, a subsidiary of the struggling Volkswagen Group, is targeting a reduction of around 15% in its workforce, primarily affecting so-called “indirect jobs” such as …