Volkswagen Faces €16 Billion Cost for Massive Restructuring Plan
Volkswagen is estimating the total cost of its sweeping restructuring program, including job cuts and potential plant closures, at around €16 billion ($18.6 billion), a person familiar with the matter said on Thursday. The...
KPMG Australia to Cut 5% of Workforce Amid Scandal
KPMG Australia said on Monday it would cut about 5% of its workforce, affecting 27 partners and around 360 employees, as the accounting firm faces the fallout from a scandal involving the misuse of...