business

Massive job cuts expected, says Volkswagen HR chief

Auto giant Volkswagen (VW) expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker’s human resources chief. Karlheinz Blessing, who sits on VW group’s nine-member top management board, said the carmaker will need to cut[Read More…]

Tatas hits back at Mistry’s allegation

Tata Sons hit back at allegations made by the ousted chairman Cyrus Mistry, saying it is not based on facts and it will release documents at “proper forums” to prove Mistry’s allegation are baseless. “It is a matter of deep regret that a communication marked confidential to Tata Sons board[Read More…]

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