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Company buses, extra shifts: Italy retools transport to end lockdown
By Silvia Aloisi, Elisa Anzolin and Angelo Amante MILAN/ROME (Reuters) – Buses for use by companies. Staggered shifts. Metro turnstiles that let in a limited number of commuters at any one time. Italian authorities, companies and unions are grappling with a crucial aspect of getting people back to work as they prepare to gradually lift […]
Volkswagen to extend U.S. production halt until April 12
WASHINGTON (Reuters) – Volkswagen AG <VOWG_p.DE> said on Wednesday it is extending a production halt at its Chattanooga, Tennessee, assembly plant until April 12 because of the coronavirus pandemic. The German automaker began a production halt at its U.S. assembly plant on March 21. The company said on Wednesday Volkswagen brand sales in the United […]
SoftBank’s Oyo lays off over 1,000 employees in India amid profit push
By Sachin Ravikumar and Maria Ponnezhath BENGALURU (Reuters) – SoftBank-backed <9984.T> Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an internal memo seen by Reuters, as the loss-making hotel chain cuts costs in pursuit of profits. The move is part of a larger priority to drive […]