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Forvia to Cut 10,000 Jobs to Better Compete in EV Transition - Vimarsana News

Forvia to Cut 10,000 Jobs to Better Compete in EV Transition

(Bloomberg) -- Auto-parts supplier Forvia SE is poised to cut roughly 13% of its European workforce over the next five years, with plans to tap artificial intelligence to better compete with Asian rivals in the shift to electric cars.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersWall Street’s Moelis Bet Big on the Middle East. Now He’s C

Source: yahoo.com