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Romanian Parties Hold Consultations at Cotroceni Amid Government Crisis
Financenzzfazberlingske+3digi24dnevnik-bghotnews10d ago6 sources

Romanian Parties Hold Consultations at Cotroceni Amid Government Crisis

Romanian parliamentary parties are holding consultations at the Cotroceni Palace to address a political crisis, with discussions focused on saving the current coalition or forming a new minority government. Key leaders, including Nicușor Dan, are involved in efforts to stabilize the political landscape.

Swiss Federal Council Proposes Stricter Lex Koller
Politicsnzz20-minuten17d ago2 sources

Swiss Federal Council Proposes Stricter Lex Koller

The Swiss Federal Council is proposing to tighten the Lex Koller, a law restricting foreign real estate purchases, as a countermeasure to the SVP's 10-million initiative. Additionally, the council aims to maintain "golden parachutes" for its executives.

SVP Finds Unexpected Allies Against EU Treaties
Worldnzz20d ago

SVP Finds Unexpected Allies Against EU Treaties

The Swiss People's Party (SVP) parliamentary group has intensively discussed the new EU treaty package over the weekend and continues to reject it, while also seeking a cantonal initiative for a majority of cantons.

Bern Political Parties Disclose Election Campaign Budgets
Politics20-minuten1mo ago

Bern Political Parties Disclose Election Campaign Budgets

For the first time, political parties in Bern, Switzerland, have disclosed their election campaign budgets, revealing that the SP and FDP have significantly larger budgets, exceeding 600,000 Swiss francs, compared to the SVP's 182,000 francs.

Arthur Brunner Elected Swiss Federal Judge
Politicsnzz1mo ago

Arthur Brunner Elected Swiss Federal Judge

The Swiss Parliament has elected 34-year-old St. Gallen native Arthur Brunner as a federal judge. Brunner is also known for his international success as a handball referee alongside his legal career.

Swiss 'No 10 Million Switzerland' Initiative Faces Tight Vote
Politicsnzz20-minuten1mo ago2 sources

Swiss 'No 10 Million Switzerland' Initiative Faces Tight Vote

The Swiss electorate will vote in June on the SVP's 'No 10 Million Switzerland' initiative, with a recent poll indicating a potentially close race. The campaign against the initiative, launched by the Federal Council, cantons, economy, and trade unions, continues amidst debates over its implications for freedom of movement.

Swiss President Guy Parmelin Signs New EU Treaties
Politicsnzz2mo ago

Swiss President Guy Parmelin Signs New EU Treaties

Swiss President Guy Parmelin signed new bilateral agreements in Brussels, a move that contrasts with his previous image as a 'beacon' for Christoph Blocher five years ago and sets him up for challenging months ahead.

Jessica Switch Joins MRC As SVP, Film
Culturedeadline2mo ago

Jessica Switch Joins MRC As SVP, Film

EXCLUSIVE: Jessica Switch has joined indie studio MRC as SVP, Film, with Hannah Levy joining as Director of Development, Film. Switch joins from Picturestart; Levy, from Ryan Coogler’s Proximity Media. In their new roles, the duo will look to identify and develop emerging and established writer and director relationships and source new film projects for […]

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold
BusinessBusiness InsiderYahoo2mo ago2 sources

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

Lucid launched its latest EV, the Gravity SUV, last year. Josh Lefkowitz/Getty Images EV startup Lucid Motors is cutting 12% of its US employees as demand for electric vehicles plummets. CEO Marc Winterhoff told staff on Friday that the cuts were necessary as Lucid attempts to become profitable. The US is facing an EV winter as sales plummet and manufacturers pull back their electric vehicle plans. Tesla rival Lucid is slashing its workforce as the EV winter tightens its grip. EV startup Lucid is cutting 12% of US employees, according to an email interim CEO Marc Winterhoff sent to unaffected employees on Friday, which Business Insider has seen. Winterhoff said the cuts would exclude hourly production employees in manufacturing, logistics, and quality. "This difficult but necessary decision was made to improve organisational effectiveness and optimize our resources as we continue on our path toward profitability," he wrote. It comes as Lucid faces a difficult environment for EV makers amid an industry-wide downturn, with sales plummeting following the end of the $7,500 tax credit in September. In its most recent earnings report in November, the company reported a net loss of nearly $1 billion. Lucid reports Q4 earnings next week. A Lucid spokesperson told Business Insider the cuts would not impact the company's hourly production workforce in Arizona, adding that the cuts were designed to "streamline" the organisation as it seeks long-term growth and margin improvement. "We are grateful for the contributions of all impacted employees and are providing resources, benefits, and support to assist them through this transition," they said. Read Lucid CEO Marc Winterhoff's full memo: Team; Today I want to share an important business update. We have implemented a 12% reduction of our U.S. workforce, excluding hourly production employees in manufacturing, logistics, and quality. This difficult but necessary decision was made to improve operational effectiveness and optimize our resources as we continue on our path toward profitability. If you are receiving this message, your role is not impacted. We are streamlining our organization so we can operate with greater efficiency and deliver on our commitments to gross margin improvement and long-term growth. We will continue to evaluate our day-to-day work to ensure that our time, energy, and resources remain focused on the initiatives that drive the greatest impact. This disciplined approach to execution is a core operational imperative for Lucid. Importantly, today's actions do not affect our strategy. Our core priorities remain unchanged, and we continue to focus on the start of production of our Midsize platform. With disciplined execution, we are also focused on further expansion into the robotaxi market, continued ADAS and software development, and growth in sales of Lucid Gravity and Air across existing and new geographies. Saying goodbye to colleagues is never easy. We are grateful for the contributions of those impacted by today's actions, and we are providing severance, bonus, continued health benefits, and transition support to help them through this period. As we move through today, I ask everyone to treat one another with empathy, professionalism, and respect, recognizing the personal impact these changes have on our teammates. To sustain and build on progress made in 2025, we must remain focused, operate with discipline, and execute with urgency. I know we are asking a great deal of our team, and I sincerely appreciate your continued commitment, resilience, and professionalism. I will address today's actions and answer questions during Monday's Town Hall. As always, you may presubmit your questions on The Hub. Warm regards, Marc Are you a Lucid employee or former employee with a story to share? Get in touch with this reporter at tcarter@insider.com. Read the original article on Business Insider

Debate Over Teacher Salaries Heats Up in Zurich
Opinionnzz5d ago

Debate Over Teacher Salaries Heats Up in Zurich

A contentious debate is underway in Canton Zurich regarding a vote on increasing teacher salaries, with an SVP politician arguing teachers are privileged while the teachers' president asserts their job is not a hobby.

Zurich Canton to Hold Referendum on Teacher Salaries
Politicsnzz1mo ago

Zurich Canton to Hold Referendum on Teacher Salaries

Citizens in the Canton of Zurich, Switzerland, will vote on teacher salaries after conservative parties and several municipalities initiated a referendum against a relief package proposed by the center-left, citing concerns over increased costs.

Swiss Politician Accused of Nepotism in Lucerne
Politicsnzz1mo ago

Swiss Politician Accused of Nepotism in Lucerne

Former Lucerne government councilor Guido Graf is accused of having awarded contracts to himself as chairman of the board of directors of a cantonal institution, leading to calls for action against cronyism from the SP and SVP parties.

Swiss Public Broadcasting Fee Debate
Politics20-minuten2mo ago

Swiss Public Broadcasting Fee Debate

SVP National Councillor Thomas Matter explains why a reduction to 300 francs for Serafe fees is insufficient, discusses the impact of the Olympics on his initiative, and whether he would give up if the SRG initiative is rejected.

Agrofert Approved to Resume Drawing Subsidies in Czech Republic
Businessaktualne-cz10d ago

Agrofert Approved to Resume Drawing Subsidies in Czech Republic

The State Agricultural Intervention Fund has ruled that Agrofert can once again draw subsidies, effective from February 20. This decision follows the placement of Agrofert's shares into the RSVP Trust, which was deemed compliant with national and European legislation.

Switzerland's Rapid Population Growth and Immigration Debate
Businessnzz15d ago

Switzerland's Rapid Population Growth and Immigration Debate

Switzerland is experiencing rapid population growth, making it one of Europe's fastest-growing countries due to immigration, prompting the SVP party to launch an initiative to limit the population. The article analyzes the reasons behind this growth, including geography and economic structure.

Endemol Shine Australia Eyes U.S. Growth With Dan Cazzola Hire
Culturedeadline1mo ago

Endemol Shine Australia Eyes U.S. Growth With Dan Cazzola Hire

EXCLUSIVE: Endemol Shine Australia has been responsible for shows such as CBS’ The Summit, ABC’s Family Food Fight and Paramount+’s NCIS: Sydney. Now the Australian division of the Banijay-owned production company is looking for more growth in the U.S. and beyond. It has hired Dan Cazzola as SVP, Development to achieve this. Cazzola will be based […]

Swiss Parliament to Debate Bilateral Agreements with EU
Politics20-minuten1mo ago

Swiss Parliament to Debate Bilateral Agreements with EU

The Swiss Federal Council has sent the 'Bilateral III' agreements to parliament for debate, sparking strong reactions from political parties. The SVP warns against 'subjugation,' while left-wing parties approve, and the FDP focuses on the upcoming vote.

Zurich Election Campaign Highlights Political Tensions and Unusual Incidents
Politicsnzz1mo ago

Zurich Election Campaign Highlights Political Tensions and Unusual Incidents

The Zurich election campaign has seen various notable incidents, including a politician's complaints, an AI-generated Karin Rykart issuing fines, and a foreign candidate running for the SVP. A specific controversy involves SP city councilor Simone Brander's plan to demolish Philipp Kurz's badminton hall for cycling infrastructure, drawing mockery from the Greens.

Swiss Neutrality Initiative Debated in Parliament
Politicsnzz1mo ago

Swiss Neutrality Initiative Debated in Parliament

The Swiss Parliament is debating the SVP's neutrality initiative, which goes beyond a constitutional article to address Switzerland's self-perception and foreign policy principles. Federal Councillor Ignazio Cassis will need to convince the electorate.

SVP Politician Attacked in Zurich by E-Scooter Rider
Politicsnzz2mo ago

SVP Politician Attacked in Zurich by E-Scooter Rider

A politician from the SVP party was slapped in Zurich by an e-scooter rider who called him by name, marking a new escalation in violence against politicians of the People's Party, following previous incidents like syrup attacks and smeared homes.