‘Volkswagen considering cutting 30,000 jobs’

‘Volkswagen considering cutting 30,000 jobs’

Volkswagen is considering cutting up to 30,000 jobs to cut costs and improve competitiveness with players such as Tesla, German daily Handelsblatt reported on Wednesday. It cited a presentation made by Volkswagen CEO Herbert Diess to the supervisory board. “There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants,” VW spokesperson Michael Manske said when asked for comment…
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Why flashlight business will keep shining

Why flashlight business will keep shining

News of a possible power crisis soon in several Indian states must have many people nervously checking for an item that was once imperative in Indian homes. The flashlight or electric torch was meant to be kept in a fixed place so you could fumble and find it when the power went off at night…