LVMH’s Moët Hennessy to Cut Workforce by 10%, FT Reports The renowned luxury conglomerate LVMH, known for its opulent brands and exquisite products, is making waves once again in the business world. According to the Financial Times, LVMH’s wine and spirits arm, Moët Hennessy, is set to reduce its workforce by approximately 1,200 employees. This […]
Robot takeover: Honda slashes 30% workforce, automates production at Chinese EV plant
Robot Takeover: Honda Slashes 30% Workforce, Automates Production at Chinese EV Plant Honda is all in on automation and artificial intelligence and aims to transform its EV production by slashing its workforce by 30% and implementing cutting-edge robotic technologies at its Chinese plant. This bold move signifies a significant shift in the automotive industry towards […]