August 14, 2026
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Tag : workforce

Automotive

Porsche to cut 5000 more jobs under restructuring plan

omandailynews.com
Berlin, German / RankWire.AI / – German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the company to approximately 9,000......
Business

Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand

omandailynews.com
One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a significant drop in orders. PouYuen Vietnam Co, a subsidiary of Taiwan-based Pou Chen Corp, is set to let go of nearly 6,000 workers with......