Thousands of job cuts are imminent across Europe, with Auchan announcing plans to cut 2,389 jobs in France and close several outlets due to profitability issues. Auchan aims to modernize by reducing hypermarket sizes and focusing on smaller stores and delivery. Schaeffler AG also plans to cut 4,700 jobs in response to lower automotive production and ongoing industrial weaknesses, primarily affecting Germany. Teljes cikk (Euronews.com)