Germany
Tesla to cut 400 jobs in Germany via voluntary programme
TESLA on Tuesday (Apr 23) said it was targeting 400 job cuts at its German gigafactory near Berlin, adding the plan was to achieve this through a voluntary programme...
Tesla cuts prices in China, Germany, and around globe after US cuts
TESLA has cut prices in a number of its major markets – including in China and Germany – after price cuts in the United States – as it grapples...
Mapletree Investments acquires 8,192 student housing beds in UK, Germany for £1 billion
REAL estate giant Mapletree Investments has acquired 8,192 student housing beds across 19 cities in the UK and Germany from Cuscaden Peak Investments, in a deal worth £1 billion...
BASF starts layoff process at Finland site after permit problems
GERMANY’S BASF said on Thursday (Apr 11) that it has begun the layoff process at its Harjavalta site in Finland after facing permitting issues from the relevant authorities.
The so-called...
US investor Baker, Beetz-led group to buy Germany’s Galeria, sources say
GERMANY’S Galeria Karstadt Kaufhof is to be taken over by a consortium including US investor Richard Baker, CEO of its previous owner Hudson’s Bay Company, two sources familiar with...
Lufthansa, ground staff reach pay deal after strikes
GERMAN airline giant Lufthansa and a union representing ground staff said on Wednesday they had reached an agreement on pay after a lengthy dispute, averting the threat of Easter...
Vodafone Germany to cut 2,000 jobs in revamp
VODAFONE Germany aims to save around 400 million euros (S$583.7 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company...
‘Strike madness’ hits Germany while its economy stumbles
FOR those striking at the gates of the SRW scrap metal plant, just outside Germany’s eastern city of Leipzig, time can be counted not just in days – 136...
