Volkswagen to reduce staffing at all-electric Zwickau plant

September 14, 2023 Alexis Mobility Comments Off

Volkswagen is pictured during the 63rd Annual General Meeting of Volkswagen AG in Berlin, Germany May 10, 2023. REUTERS/Annegret Hilse Acquire Licensing RightsSept 14 (Reuters) – Volkswagen is cutting back planned staffing at its all-electric plant in Zwickau, Germany and adjusting shift work due to “market conditions”, a spokesperson said on Tuesday.The carmaker had planned to give permanent employment to 540 staff hired in recent years on limited contracts but was no longer able to do so for 269 of those staff.”Volkswagen continues to be 100% convinced of the path to electromobility … however, in light of the current market conditions we can not …
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U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

September 28, 2023 Comments Off on U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg/File photo Acquire Licensing RightsShow more companiesNEW YORK, Sept 27 (Reuters) – The U.S. Securities and Exchange [...]
Antarctic winter sea ice hits ‘extreme’ record low

September 28, 2023 Comments Off on Antarctic winter sea ice hits ‘extreme’ record low

Sept 25 (Reuters) – Sea ice that packs the ocean around Antarctica hit record low levels this winter, the U.S. National Snow and Ice Data Center (NSIDC) said on Monday, adding to scientists’ fears that [...]
Brazil’s central bank seeks tighter cryptocurrency regulation, brokerage oversight

September 28, 2023 Comments Off on Brazil’s central bank seeks tighter cryptocurrency regulation, brokerage oversight

A view shows the headquarters of Brazil’s central bank in Brasilia, Brazil August 25, 2021. REUTERS/Amanda Perobelli/File Photo Acquire Licensing RightsBRASILIA, Sept 27 (Reuters) – Brazil’s central bank governor Roberto Campos Neto on Wednesday said [...]
Teamsters union asks NHTSA to deny GM’s bid to exempt Cruise from safety standards

September 28, 2023 Comments Off on Teamsters union asks NHTSA to deny GM’s bid to exempt Cruise from safety standards

[1/2]A self-driving GM Bolt EV is seen during a media event where Cruise, GM’s autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo Acquire Licensing [...]
San Francisco Mayor Calls for Drug Testing for Welfare Recipients

September 28, 2023 Comments Off on San Francisco Mayor Calls for Drug Testing for Welfare Recipients

San Francisco Mayor London Breed proposed a plan which would require welfare recipients to undergo drug testing and engage in treatment programs. The announcement comes as the city deals with an average of three overdose [...]

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