Article
VW Supervisory Board Recommends Another 4,100 Job Cuts At Porsche
VW Supervisory Board Recommends Another 4,100 Job Cuts At Porsche
Submitted by Thomas Kolbe
The hailstorm of bad news from Germany’s auto industry simply refuses to end. Again and again, heavy hailstones from corporate press offices crash down on anxious workforces at the automakers, ruining politicians’ election campaigns and destroying the last hopes of those still clinging to the promise of an electric car made in Germany.
The latest impact: According to a report by Handelsblatt, citing an internal recommendation by Volkswagen’s Supervisory Board, the personnel scalpel is once again being applied...
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Jun 4, 2026 / ZeroPointNow
Trump Says Accountability Is Coming Over The 'Rigged' 2020 Election
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Darline Graham Stumbles Out Of Gate In Bid For Lindsey's Senate Seat
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Apr 24, 2026 / Tyler Durden
Muted Demand During India's Second-Biggest Gold-Buying Festival, After Prices Surge
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Gold demand during one of India's key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand, according to Reuters.
Indians celebrated Akshaya Tritiya, the second-biggest gold-buying festival after Dhanteras, when purchasing precious metals is considered auspicious. Only this time near record gold prices - the precious metal closed just over $4800 - kept buyer enthusiasm rather subdued.
"The sharp rally in prices curbed jewellery demand. In volume terms, buying was lower as consumers...
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