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Teledyne Qioptiq Receives $21 Mln German Order For PHOENIX-XR Thermal Sights

(RTTNews) - Teledyne Technologies Inc. (TDY) on Friday announced that its Teledyne Qioptiq unit has received the first option from the German Bundeswehr for PHOENIX-XR cooled thermal weapon sights valued at more than $21 million.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

Read the original at nasdaq.com →

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How Volkswagen's huge workforce became a costly burden

The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV…

  • Volkswagen's workforce of nearly 630,000 employees is 60% larger than Toyota's.
  • Company plans to cut an additional 50,000 jobs worldwide, including in Germany.
  • VW's extensive workforce is a liability due to slower EV transitions and high labor costs.

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