The moves are meant to ‘reduce costs in Germany to a competitive level’ as the market for electric vehicles evolves.
Manufacturing
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About 400 jobs will be lost at Grangemouth, Scotland’s only oil refinery, which is to close by the summer of 2025.
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Business secretary Jonathan Reynolds confirms improved redundancy terms for Port Talbot steelworkers as 2,500 jobs cut at Tata Steel.
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Tata Steel said it had begun assessing whether those who had expressed an interest in taking redundancy were in roles that could be closed.
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New Home Office figures continue to show a downward trend in work visa applicant numbers, as minister looks to discourage tech sector from searching for overseas talent.
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The funding is intended to support workers and businesses by the closure of furnaces at Port Talbot.
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Dyson is cutting as many as 1,000 jobs in the UK, around a quarter of its British workforce, as part of restructuring programme.
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Unite prepares to escalate industrial action at steelworks after Tata Steel UK threatened to reduce redundancy pay in response to plans for action short of strike.
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Community members vote for Tata steel strike over blast furnace closures and redundancy terms.
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Around 1,500 steelworkers at Tata plants in Port Talbot and Newport Llanwern have voted in favour of industrial action.
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Three thousand jobs could be at risk as a Derby rail factory, run by Alstom, has indicated it may stop production this week.
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Manufacturing giant Tata Group has confirmed it will invest £4bn in an electric vehicle battery plant in Somerset, creating around 4,000 jobs.
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The largest steel producing plant in the UK is set to lose 3,000 jobs as it implements more modern steel-making methods.
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Games and toy maker Hasbro announces 1,100 job cuts globally in addition to a cut of 800 roles earlier this year.
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BAE Systems is to recruit thousands more graduates and apprentices in 2024, in roles like electrical engineering, HR and project management.