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Sectors

Commerzbank cuts 2,300 jobs – more branches could close

Commerzbank has agreed with the works council on extensive cuts in the workforce. That costs the group 610 million euros.…

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Latest

ECB extends bond purchases and does not rule out further rate cuts – Commerzbank column

As announced in the last council meeting, the ECB announced another extensive easing package. As a reason for this, ECB…

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Economy & Politics

Traditional company cuts a total of 11,000 jobs

Thyssenkrupp was already in crisis before Corona. The situation has not gotten any better. Photo: dpa / Guido Kirchner Thyssenkrupp…

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Sectors

Industrial group cuts 5,000 jobs – billions in losses

The industrial group Thyssenkrupp incurs a loss of billions in the past fiscal year. That is why the company has…

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Cryptocurrencies

Tezos’ latest update (XTZ) cuts smart contract fees by 75% – Cryptocurrencies

Tezos (XTZ) recently supported local democracy in a French city through the Avosvotes electronic voting application running on its blockchain.…

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Markets

SAP cuts forecast – Bayer with a new takeover

When it presented the figures for the third quarter, the Walldorf-based software company lowered its forecast for this year and…

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Sectors

World’s largest container shipping company cuts 2,000 jobs

Although the world’s largest shipping company expects more profit again, the old plan remains: 2,000 people should lose their jobs.…

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Economy & Politics

Marelli Automotive Lighting cuts 250 jobs

Front headlights from Marelli Automotive Lighting. The Reutlingen-based supplier supplies a large number of car manufacturers Photo: Marelli Automotive Lighting…

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Sectors

Power plant operator Steag cuts 1,000 jobs

Because Germany wants to end coal power generation, the energy company Steag has to save: Almost a third of the…

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Sectors

Auto supplier cuts thousands of jobs

Deforestation at Schaeffler: The automotive supplier is cutting more than 4,000 additional jobs in Germany and Europe – including at…

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