-
J-VISIONS Vol. 4 Now Online: Read English Articles on Japanese Corporate IR
-
Synapse Analytics Secures US$13m Led by Partech to Drive AI-Powered Decisioning for Financial Institutions
-
Surfer hospitalised after shark attack in Western Australia
-
Tech firms hit by AI slowdown call with Fed expected to hike rates
-
US hosts G20 'energy abundance' talks amid Iran war shock
-
South Korea aims to save seniors lost in digital age
-
Migrant workers flock to Indian Kashmir despite militant threats
-
Russia's Stalin-admiring provincial leader waging an ultra-conservative crusade
-
Canada's Carney seeks closer Europe ties to counter hostile US
-
'Widow's Bay' and 'The Pitt' tipped for success at Emmy Awards
-
Dozens arrested in major anti-LGBTQ raids in Turkey
-
Leftwing opposition seen leading Sweden election, far-right losing ground
-
Poland, Ukraine slam Russian strikes near border as 'escalation'
-
Trump administration reluctant to slow AI, Democrats see urgent need
-
iPhone 18預購後出現可疑扣款 四間銀行調查未授權交易
-
Can We Predict Volcanic Eruptions Like Weather? Scientists Seek Unified Physics
-
Galaxy Tab S12系列效果圖曝光 Ultra擬配雙鏡頭及瀏海螢幕
-
اليورو يستقر في البنوك المصرية وأعلى سعر للبيع 59.85 جنيه
-
Altman tells Fortune OpenAI will not go public in 2026
-
الأرصاد السعودية تتوقع سيولاً وأمطاراً رعدية في خمس مناطق
-
ستاندرد آند بورز تثبت تصنيف السعودية عند A+
-
Lights out in Laos as electricity exports surge
-
Anthropic details Claude misuse as US targets major illicit online marketplace
-
Steven Strogatz weighs AI mathematics advances and their consequences for researchers
-
Venezuelans outside Caracas say capital not sharing blackout burden
-
Anthropic boss calls for AI slowdown, Altman and Musk agree
-
Anthropic boss calls for slowing pace of AI development
-
French IT giant Capgemini sells subsidiary after row over ICE links
-
BRICS nations urge 'maximum restraint' in Middle East war
-
Quebec Brokerage Qubit Insurance Announces New Data on Coverage Shortfalls as Rebuilding Costs Rise
-
Europe eyes battle over 'pervert' AI glasses
-
Lady Gaga welcomes first child with fiance: US media
-
Children in flood-hit Nepal grapple with loss, cling to hope
-
Bhutan business bets on hazelnuts for farming future
-
Venice Film Festival: A look back on the highlights
-
'Widow's Bay' and 'The Pitt' are favorites for Emmys night
-
DR Congo school fire stampede death toll rises to 26: UNICEF
-
Coastal erosion forces cancellation of California music festival
-
Dance Fitness Tempe Announces Expansion of Accessible Digital Movement Programs
-
Argentina's Dirty War rears its head in Venice film
-
Europe saw record summer air traffic despite Mideast war: Eurocontrol
-
UK lawmakers throw out bill to legalise assisted dying
-
Relatives of 9/11 victims hit out at Saudi Arabia -- and US leaders
-
US inflation steady in August, fueling Fed rate hike expectations
-
Relative of 9/11 victim unleashes searing attack on Saudi Arabia
-
New York marks 25th anniversary of 9/11 attacks
-
Czech antitrust office lets Turkey's Pegasus Airlines buy Smartwings
-
Nepal flood reconstruction bill to be $4.78 bn: foreign ministry
-
Investors on edge as energy costs, surging bond yields roil markets
-
JUMO and Standard Bank launch Social Finance Framework to scale inclusive finance in Africa
Mercedes demos set stage for wave of German auto protests
Thousands of workers demonstrated outside Mercedes-Benz factories in Germany Friday over the premium carmaker's cost-saving plans, kicking off an expected wave of protests in the country's crisis-wracked auto industry.
German carmakers are battling fierce Chinese competition, US tariffs and weak demand in key markets, with a string of job cuts and other austerity measures announced in recent times.
Organised with the powerful IG Metall union, thousands of workers rallied outside several Mercedes plants, from the southern city of Sindelfingen -- outside Stuttgart -- to Bremen in the north.
"While shareholders benefit more than handsomely, employees are supposed to sacrifice their contractually guaranteed rights," said IG Metall boss Christiane Benner at a protest in Duesseldorf.
"This is how you squander the future and trust."
They were protesting against proposed measures including unpaid increases in weekly working hours and cuts to benefits, according to IG Metall.
Over 33,000 workers took part in the protests nationwide, according to the union. Mercedes said almost 16,000 people had taken part in demonstrations at six of its sites.
Mercedes, whose profits halved last year, told AFP that it had launched a savings drive because "structural costs in Germany -- particularly labour costs -- are not competitive by international standards".
Workers were informed of potential measures -- including increasing working hours for no extra pay -- last month, and Mercedes plans to discuss them with staff representatives, a spokeswoman said.
"We take any potential uncertainty and concerns seriously," she added.
IG Metall said Friday's action was the start of a wave of protests against cutbacks across the industry, with more car manufacturers and suppliers to be targeted in coming weeks.
Among them will be Volkswagen, after reports last week said Europe's biggest carmaker was planning to slash up to 100,000 jobs -- double the number previously announced -- and to close four plants in Germany.
The plan, which would be the biggest overhaul in the 89-year history of the 10-brand carmaker, is expected to be outlined at a supervisory board meeting next Thursday.
Volkswagen has declined to comment.
P.Kolisnyk--CPN