job cuts

job cuts

Coronavirus: Frankfurt Airport operator to slash jobs as air traffic plummets

Frankfurt Airport operator Fraport said Tuesday that it plans to shed nearly one-fifth of its workforce, after air traffic plummeted in the second quarter due to the coronavirus pandemic.

Jobs

Siemens to cut 4,500 jobs worldwide

German engineering giant Siemens said on Thursday that it would slash an additional 4,500 jobs worldwide, on top of 7,400 cuts previously announced as part of an ongoing restructuring plan.

job cuts

Siemens may slash 12,000 jobs says boss

German industrial giant Siemens has said it is weighing cuts of nearly 12,000 jobs around the world as part of a major restructuring.

nuclear power

E.ON planning even bigger job cuts

The downsizing of one of Germany's leading energy companies could be much more devastating than previously expected. E.ON may be considering cutting up to 10,000 jobs worldwide.