Author name: News-Briefing

Volkswagen to Cut 50,000 More Jobs in Major Restructure
Germany, Business

Volkswagen to Cut 50,000 More Jobs in Major Restructure

Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructureThe car company Volkswagen has approved controversial plans to shed 100,000 jobs in a battle for survival as it faces fierce competition from Chinese rivals.After the latest round of talks this week, the company announced a further 50,000 job

Europe Seeks to Make Russia Pay for Hybrid Warfare
Europe

Europe Seeks to Make Russia Pay for Hybrid Warfare

Governments are now quicker to point the finger at Moscow, but critics say their inaction invites more sabotageRussia’s suspected sabotage campaign across Europe appears to be gathering pace again, confronting governments with a problem they have struggled to solve since the start of the war in Ukraine: how to impose a meaningful cost on Moscow

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