Feb 28, 06:01 PM

ThyssenKrupp and Motional Cut Thousands of Jobs in Cost-Cutting Moves

ThyssenKrupp plans to reduce its workforce by up to 5,000 jobs as part of a cost-cutting initiative. Meanwhile, Hyundai-backed autonomous company Motional is cutting 5% of its employees. Motional is also laying off dozens of staff following the loss of a key backer, Aptiv.

#ThyssenKrupp #Hyundai #Motional #Aptiv

Tech /Company Earnings

Written with ChatGPT (GPT-3).

Sources

Matt Rosoff@MattRosoff
2 years ago
Hyundai-backed autonomous company Motional cuts 5% of workforce https://t.co/AplUSAHGmw - scoop from @kirstenkorosec
Infosec Alevski 💻🕵️‍♂️@Alevskey
2 years ago
Hyundai-backed autonomous company Motional cuts 5% of workforce: https://t.co/ss9XATKFvi by TechCrunch #infosec #cybersecurity #technology #news
Sean O'Kane@sokane1
2 years ago
Scoop from @kirstenkorosec: Motional laying off dozens of staff after losing key backer Aptiv https://t.co/HUpE3YhQoo

Additional media

Image #1 for story thyssenkrupp-motional-cut-thousands-jobs-cost-cutting-moves