Tag: factory closures
Posted in Business
Volkswagen starts pay talks with unions over possible German plant closures
Sep 25, 2024 11:23 AM IST Volkswagen AG begins negotiations with unions over potential cost cuts, including factory closures and layoffs. Tensions rise as unions…
Posted in Economy
Large export returns, unprocessed inventory hit diamond trade: GTRI
New Delhi: Think tank Global Trade Research Initiative (GTRI) Wednesday said that export returns of diamonds have surged, a large inventory of unprocessed rough diamonds…
Posted in Economy
Job losses, factory closures haunt India’s diamond sector as trade shine fades
India’s diamond sector is experiencing a major downturn, marked by significant declines in imports and exports over the past three years, according to the Global…
Posted in Business
Volkswagen says weak Europe car sales leave two VW factories empty
Volkswagen AG defended plans to consider unprecedented factory closures in Germany, saying flagging car sales have left the company with about two plants too many….