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BYD's European Market Special Advisor: Volkswagen's layoffs are a wake-up call for the industry.

2026-07-01

BYD's European Market Special Advisor: Volkswagen's layoffs are a wake-up call for the industry.

Other News
2026-07-01

Iranian Parliament Speaker Qalibaf: Iran will not engage in further negotiations until the conditions in the memorandum of understanding are met.

Iranian Parliament Speaker Qalibaf: Iran will not engage in further negotiations until the conditions in the memorandum of understanding are met.
2026-07-01

Business Insider reported Microsoft (MSFT.O) plans to announce another round of layoffs to control costs, affecting thousands of positions across sales, consulting and the Xbox gaming unit. The cut is expected to be smaller than last year and below 2

Business Insider reported Microsoft (MSFT.O) plans to announce another round of layoffs to control costs, affecting thousands of positions across sales, consulting and the Xbox gaming unit. The cut is expected to be smaller than last year and below 2.5% of its roughly 220,000 workforce. The company may announce the move next week, though timing could change; some affected employees will be immediately offered new roles. Last year Microsoft cut about 6,000 jobs in May and a further 9,000 in July. The decisions come as Microsoft steps up AI investment while trimming expenses.
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