European Companies Announce Job Cuts Amid Economic Slowdown
Overview of Layoffs Across Key Sectors As economic challenges persist across Europe, numerous companies have been forced to implement hiring freezes or reduce their workforce. Weak...
Etiket: Automotive Industry
Geely Restructures with Zeekr Taking Control of Lynk in Major EV Realignment
China’s automotive giant Geely is undergoing a significant restructuring as its premium EV brand, Zeekr, is set to take control of Lynk & Co. This strategic...
Ford Cuts Profit Outlook, Faces Stock Drop
Ford Motor Co. announced on Monday that it now anticipates meeting only the lower end of its full-year profit expectations, leading to a 5% dip in...