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By MBN Staff - Thu, 10/30/2025 - 14:06

Volkswagen posts 3Q25 operating loss of US$1.5 billion due to Porsche EV strategy costs and ongoing US import tariff pressures

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By Teresa De Alba - Mon, 05/26/2025 - 16:25

Volvo plans to cut 3,000 jobs after a 73% profit drop in 1Q25 and a 12% sales decline, citing weak first-quarter earnings

By MBN Staff - Thu, 03/13/2025 - 17:00

Volkswagen rules out moving production from Mexico despite US tariff threats, focusing on long-term strategies and cost-cutting measures.

By MBN Staff - Fri, 01/31/2025 - 17:33

Nissan cuts shifts and offers buyouts at US plants, potentially affecting 1,500 jobs, amid cost cuts and declining Altima and Rogue sales

By MBN Staff - Thu, 01/16/2025 - 11:29

Southwest Airlines pauses hiring, internships, and rallies, aiming to reduce costs after a 65% net income drop and investor-driven board changes.

By MBN Staff - Wed, 12/04/2024 - 10:33

Orgvue's study reveals 38% of CEOs would resign over leading workforce transformations, citing transformation fatigue.

By MBN Staff - Fri, 11/29/2024 - 17:16

Boeing's CEO Kelly Ortberg launches cost-cutting measures to address US$58 billion debt, including grounding corporate jets used by execs

By MBN Staff - Wed, 09/25/2024 - 15:51

Volkswagen-IG Metall union talks ended without agreement, leaving workers dissatisfied and threatening to strike.

By MBN Staff - Tue, 09/24/2024 - 11:10

Blink Charging plans to lay off 14% of its global workforce, aiming for US$9 million in annual savings amid declining EV demand.

By MBN Staff - Mon, 09/23/2024 - 17:45

Stellantis is aiming to reduce its North American vehicle inventory by 100,000 vehicles by early 2025.