French Industry Minister Marc Ferracci has alerted the public to anticipated job losses in sectors facing high international competition, such as automotive and chemicals. Following Michelin’s recent announcement of two factory closures in France, which could impact over 1,250 employees,…

German automotive supplier Schaeffler has announced plans to cut 4,700 jobs in Europe and close two facilities in response to challenging market conditions and increasing global competition. This decision follows the company’s recent merger with Vitesco, which also hinted at…