Finance chief says drastic cost-cutting measures necessary amid weak demand in Europe

Volkswagen's finance chief says the brand has "one, maybe two years" to turn things around by making major cost cuts – and that includes jobs.

Volkswagen's finance chief says the brand has "one, maybe two years" to turn things around by making major cost cuts – and that includes jobs.

Volkswagen's finance chief says the brand has "one, maybe two years" to turn things around by making major cost cuts – and that includes jobs.

Severe cost-cutting measures loom as Volkswagen faces "extremely tense" situation, with job security program ending and factory closures considered.

Severe cost-cutting measures loom as Volkswagen faces "extremely tense" situation, with job security program ending and factory closures considered.

SGMA incurs a fiscal Q4 loss as revenues fall 25% due to reduced demand and supply chain issues. Cost-cutting measures and loan renegotiations aim to...

SGMA incurs a fiscal Q4 loss as revenues fall 25% due to reduced demand and supply chain issues. Cost-cutting measures and loan renegotiations aim to...

Energy company says its business is growing and investment in renewables is continuing

Boeing is making immediate spending cuts and says it may temporarily lay off staff, as it grapples with a strike by more than 30,000 workers in the...