Volkswagen is touting a sleek new electric concept it calls the "world's most efficient electric car," but the automaker has no plans to sell it, raising questions about whether the project is engineering progress or corporate distraction amid massive layoffs. The German automaker unveiled the Mission Efficiency, a four-seat technology demonstrator built on a modified […] The post Volkswagen reveals its 'most efficient EV ever' — a concept car nobody can actually purchase appeared first on American Almanac .
Volkswagen is touting a sleek new electric concept it calls the "world's most efficient electric car," but the automaker has no plans to sell it, raising questions about whether the project is engineering progress or corporate distraction amid massive layoffs. The German automaker unveiled the Mission Efficiency, a four-seat technology demonstrator built on a modified version of the MEB+ platform that underpins several upcoming Volkswagen Group models. CEO Thomas Schäfer called it "the ideal way to demonstrate what distinguishes Volkswagen in the electric age." But Volkswagen itself describes the vehicle as purely a technology demonstrator. It will not reach dealer lots. The timing is hard to ignore. The unveiling came less than two…Open
Facing growing competition from China and rapidly advancing technology, the German auto giant said Thursday its board had approved a “comprehensive” restructuring.
Layoffs in the United States hit a four-year low in August, according to new data.
Layoffs in the U.S. have dropped to their lowest level since 2022, but hiring remains sluggish, raising concerns about economic momentum. PULSE POINTS WHAT HAPPENED: Layoffs in the United States hit a four-year low in August, according to new data . DETAIL: Layoffs across the U.S. in August fell to their lowest level in four years, according to a report by Challenger, Gray & Christmas, with employers announcing 52,881 job cuts, a 38 percent decrease compared to the same month in 2025. However, despite this positive trend, hiring activity has not kept pace, raising questions about the broader health of the labor market. The consumer products industry led August’s job cuts with over 10,000 layoffs, followed by the food and technology…Open
The decision is part of a massive restructuring aimed at trimming management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.
Xbox workers from Bethesda Game Studios and id Software are speaking out about Microsoft’s planned 3,200 job cuts — and warning that the consequences could reach far beyond the people losing their jobs. In this special episode of "Gamer Galaxy," Cher Hwang speaks with three current and recently laid-off Xbox studio workers represented by the Communications Workers of America: Nathan Hahn, a technical producer at Bethesda Game Studios; Andrew Willis, a producer at id Software and union bargaining-committee member; and Elisabeth Whyte, a former senior user researcher at Bethesda whose entire research team was eliminated.
Xbox workers from Bethesda Game Studios and id Software are speaking out about Microsoft’s planned 3,200 job cuts — and warning that the consequences could reach far beyond the people losing their jobs. Three current and recently laid-off Xbox studio workers represented by the Communications Workers of America talk about their experiences.
Xbox workers from Bethesda Game Studios and id Software are speaking out about Microsoft’s planned 3,200 job cuts — and warning that the consequences could reach far beyond the people losing their jobs.
Xbox workers from Bethesda Game Studios and id Software are speaking out about Microsoft’s planned 3,200 job cuts — and warning that the consequences could reach far beyond the people losing their jobs. In this special episode of "Gamer Galaxy," Cher Hwang speaks with three current and recently laid-off Xbox studio workers represented by the Communications Workers of America: Nathan Hahn, a technical producer at Bethesda Game Studios; Andrew Willis, a producer at id Software and union bargaining-committee member; and Elisabeth Whyte, a former senior user researcher at Bethesda whose entire research team was eliminated. The workers discuss why they believe Microsoft’s layoffs threaten institutional knowledge, game quality and the…
Howard Stern's dedicated SiriusXM channel Howard 101 faces possible cancellation after the platform slashed more than 50 jobs from his production team in two waves, leaving the once-dominant radio franchise running on fumes. Sources who spoke to The U.S. Sun say the channel, which airs old interviews and clips from the show's two-decade run, may […] The post SiriusXM may axe Howard Stern's second channel after gutting his staff in two rounds of layoffs appeared first on American Almanac .
Howard Stern's dedicated SiriusXM channel Howard 101 faces possible cancellation after the platform slashed more than 50 jobs from his production team in two waves, leaving the once-dominant radio franchise running on fumes. Sources who spoke to The U.S. Sun say the channel, which airs old interviews and clips from the show's two-decade run, may not survive the staffing collapse. With the crew that produced Howard 101's content largely gone, insiders expect SiriusXM to fold whatever archival material remains into Howard 100, Stern's primary channel, and shut the second one down. The warning follows a brutal stretch for Stern's operation. On February 12, SiriusXM cut at least 40 people in a first round of layoffs that hit mostly…Open
