{"id":50976,"date":"2025-07-25T02:09:15","date_gmt":"2025-07-25T06:09:15","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/corporate-giants-face-headwinds-intel-cuts-jobs-vw-lowers-guidance-while-eni-and-remy-cointreau-show-resilience\/50976\/"},"modified":"2025-07-25T02:09:15","modified_gmt":"2025-07-25T06:09:15","slug":"corporate-giants-face-headwinds-intel-cuts-jobs-vw-lowers-guidance-while-eni-and-remy-cointreau-show-resilience","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/corporate-giants-face-headwinds-intel-cuts-jobs-vw-lowers-guidance-while-eni-and-remy-cointreau-show-resilience\/50976\/","title":{"rendered":"Corporate Giants Face Headwinds: Intel Cuts Jobs, VW Lowers Guidance, While ENI and R\u00e9my Cointreau Show Resilience"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Intel (<a href=\"\/stock\/INTC\">INTC<\/a>)<\/strong> announced a massive restructuring, including <strong>24,000 job cuts<\/strong> in 2025 and the <strong>cancellation of major factory projects<\/strong> in Germany and Poland, amidst a <strong>$2.9 billion quarterly loss<\/strong>.<\/li>\n<li><strong>Volkswagen (<a href=\"\/stock\/VWAGY\">VWAGY<\/a>)<\/strong> <em>slashed its full-year operating return on sales guidance<\/em> to <strong>4%-5%<\/strong> and now expects <em>flat sales year-over-year<\/em>, citing a <strong>\u20ac1.3 billion impact from US trade tariffs<\/strong> in the first half of 2025.<\/li>\n<li><strong>ENI (<a href=\"\/stock\/E\">E<\/a>)<\/strong> reported robust <strong>Q2 2025<\/strong> results, with <strong>adjusted net income of \u20ac1.13 billion<\/strong> and <strong>adjusted operating profit of \u20ac1.89 billion<\/strong>, both surpassing analyst estimates.<\/li>\n<li><strong>R\u00e9my Cointreau (<a href=\"\/stock\/RCO\">RCO<\/a>)<\/strong> delivered better-than-expected <strong>Q1 2025-26 organic revenue growth of +5.7%<\/strong>, driven by strong performance in the Americas and Liqueurs &amp; Spirits.<\/li>\n<li>Japan&#39;s retail sector experienced a significant downturn in June, with <strong>nationwide department store sales falling -7.8% year-over-year<\/strong> and <strong>Tokyo sales plummeting -10.6%<\/strong>.<\/li>\n<\/ul>\n<p>Intel (<a href=\"\/stock\/INTC\">INTC<\/a>) is undertaking a sweeping restructuring, announcing plans to eliminate approximately <strong>24,000 jobs<\/strong> in 2025, which represents roughly a quarter of its workforce. This move aims to reduce the company&#39;s core employee count to <strong>75,000<\/strong> by year-end. As part of these aggressive cost-cutting measures, Intel is halting work on major factory projects, including a multibillion-dollar &quot;mega-fab&quot; in <strong>Germany<\/strong> and an assembly and test facility in <strong>Poland<\/strong>. The chipmaker also plans to consolidate its Costa Rica operations by moving them to Vietnam and Malaysia, impacting over 2,000 employees. The announcements come as Intel reported a <strong>$2.9 billion quarterly loss<\/strong> on <strong>$12.9 billion in revenue<\/strong>, marking its sixth consecutive quarter in the red. The company seeks to reduce operating expenses by <strong>$17 billion<\/strong> this year and refocus on its core business, particularly AI chips.<\/p>\n<p>Automotive giant Volkswagen (<a href=\"\/stock\/VWAGY\">VWAGY<\/a>) has issued a revised outlook for the full year after its <strong>Q2 2025 earnings<\/strong> revealed significant pressure from trade tariffs. The company reported <strong>Q2 revenue of \u20ac80.8 billion<\/strong> and an <strong>operating profit of \u20ac3.83 billion<\/strong>, both slightly below analyst expectations. Critically, Volkswagen <em>lowered its full-year operating return on sales (ROS) guidance<\/em> to <strong>4%-5%<\/strong> from its previous range of 5.5%-6.5%. Full-year sales are now projected to be <em>flat year-over-year<\/em>, a downgrade from the prior expectation of up to 5% growth. [Headline] The company&#39;s first-half results were <em>heavily impacted by US trade tariffs<\/em>, incurring costs of <strong>\u20ac1.3 billion<\/strong> year-to-date. Volkswagen of America separately reported a <strong>29% year-over-year decrease<\/strong> in its Q2 2025 sales.<\/p>\n<p>In contrast, European energy major ENI (<a href=\"\/stock\/E\">E<\/a>) delivered a strong <strong>Q2 2025 earnings<\/strong> report, with <strong>adjusted net income reaching \u20ac1.13 billion<\/strong>, comfortably exceeding the estimated \u20ac932.6 million. The company&#39;s <strong>adjusted operating profit stood at \u20ac1.89 billion<\/strong>, surpassing the \u20ac1.8 billion estimate. ENI&#39;s pro forma adjusted EBIT was <strong>\u20ac2.68 billion<\/strong>. Despite a challenging economic environment with weaker commodity prices and a falling U.S. dollar, the company maintained production at <strong>1.67 million barrels of oil equivalent per day (boe\/d)<\/strong>, close to estimates.<\/p>\n<p>French spirits group R\u00e9my Cointreau (<a href=\"\/stock\/RCO\">RCO<\/a>) also showed signs of recovery in its <strong>Q1 2025-26 earnings<\/strong>. The company reported <strong>revenue of \u20ac220.8 million<\/strong>, achieving <strong>+5.7% organic revenue growth<\/strong>, which outperformed analyst estimates. This positive performance was particularly driven by a strong rebound in sales in the Americas and robust growth in its Liqueurs &amp; Spirits division, which saw a <strong>+17.3% organic increase<\/strong>. R\u00e9my Cointreau noted that it <em>lifted its profit guidance<\/em> and anticipates a <em>maximum net impact of \u20ac45 million from averted China and US tariffs<\/em>. The company expects to return to <em>organic high single-digit growth in 2025-2026<\/em>, with <em>organic operating profit growth projected between 8% and 12%<\/em> for the fiscal year, excluding potential tariff impacts.<\/p>\n<p>Meanwhile, Japan&#39;s retail sector faced a significant slowdown in June. <strong>Nationwide department store sales<\/strong> declined by <strong>-7.8% year-over-year<\/strong>, a sharper drop than the previous month. [Headline] <strong>Tokyo department store sales<\/strong> experienced an even steeper fall, plummeting <strong>-10.6% year-over-year<\/strong>, reversing a prior positive trend. [Headline] This broader decline in consumer spending is partly attributed to a substantial decrease in tax-free sales, which fell <strong>40% year-on-year<\/strong> in May for department stores nationwide. The number of foreign shoppers also decreased by <strong>5.4%<\/strong> in May, marking the first negative growth in over three years. Factors contributing to the slump include shifts in foreign tourist shopping patterns, a stronger yen, and price increases for luxury brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Intel (INTC) announced a massive restructuring, including 24,000 job cuts in 2025 and the cancellation of major factory 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