Sept 14 Reuters Volkswagen is cutting back planned staffing at its allelectric 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 […]

MILAN, Sept 14 Reuters Exor has around 2 billion euros 2.14 billion in cash left for investments after recent deals, which include the purchase of a 15 stake in Philips, the CFO of Agnelli family39;s investment company said on Thursday. Exor39;s investments cover a broad range of industries, including manufacturing, sport, media, fashion, healthcare and technology. […]

NEW YORK, Reuters Goldman Sachs fired several executives in its transaction banking unit after they violated the firm39;s communications policy, according to a memo seen by Reuters on Wednesday. The company did not name the individuals in the memo. Philip Berlinski, the bank39;s treasurer, will take over daytoday management of transaction banking alongside Akila Raman and […]

Sept 13 Reuters Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to slow hiring, it said on Wednesday. The company39;s decision to let go of a few hundred employees is not part of a widescale layoff and will retain a significant majority of the team for hiring […]

WASHINGTON, Sept 13 Reuters Tesla CEO Elon Musk called on Wednesday for a U.S. referee for artificial intelligence after he, Meta Platforms CEO Mark Zuckerberg, Alphabet CEO Sundar Pichai and other tech CEOs met with lawmakers at Capitol Hill to discuss AI regulation. Lawmakers are seeking ways to mitigate dangers of the emerging technology, which has boomed in […]