• 09/20/2024

Forvia to Cut Up to 10,000 Jobs in EV Shift

Wall Street Journal

Forvia shares rose after it said it would save about €500 a year from 2028 through job cuts as the company adapts to EU electric-vehicle policies.

https://www.wsj.com/articles/forvia-shares-jump-on-restructuring-plan-that-would-trim-workforce-44b330f1