Personnel
Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise
Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano | Getty Images News | Getty Images DETROIT […]
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Ford union employees ratify UAW deal, closing out historic negotiations with Detroit automakers
Associates of the United Vehicle Personnel union picket outdoors the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Pictures DETROIT — Union associates at Ford Motor accredited a tentative settlement Friday, concluding contentious agreement negotiations among the United Car Personnel and Detroit automakers. UAW-Ford workers ended up […]
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UAW members ratify new contract with Chrysler owner Stellantis
United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between […]
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GM union workers ratify UAW deal following contentious vote
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty Images DETROIT – General Motors union workers ratified a record deal with the United Auto Workers after a contentious final few days of voting, according to results posted Thursday morning by the […]
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Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike
Members of a recently formed union of Starbucks workers hold a rally to celebrate the first anniversary of their founding, December 9, 2022 in New York City. Andrew Lichtenstein | Corbis News | Getty Images Starbucks workers in New York City have filed 14 more complaints alleging that the coffee giant violated the city’s labor […]
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GM-UAW deal back on track for ratification after major plant approves pact
United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker’s full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – The United Auto Workers’ tentative agreement with General Motors is back on track for ratification after […]
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Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul
Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” at the Economic Club of Washington in Washington, D.C., March 22, 2023. Valerie Plesch | Bloomberg | Getty Images Citigroup will soon begin layoffs in CEO Jane Fraser’s corporate overhaul, CNBC has learned. Employees affected by […]
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Is the Good Resignation in excess of? Why bosses are leaving at history premiums
Gentleman with a headache. sturti | Getty Illustrations or photos The Good Resignation might be above for most personnel — but for some top rated honchos, it can be only just begun. The selection of main govt resignations this yr hit a history higher, in accordance to a recent report by Challenger, Gray and Xmas […]
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Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT – The United Auto Workers achieved record contracts with the Detroit automakers following contentious talks and roughly six weeks of […]
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Entire world economy to complete far better than expected in 2024, claims Goldman Sachs
New York town skyline Alexander Spatari | Moment | Getty Visuals Goldman Sachs predicts the world wide financial system will prime anticipations in 2024, pushed by sturdy earnings progress and self-assurance that the worst of amount hikes is previously about. The expenditure lender forecasts the entire world financial system to expand 2.6% next calendar year […]
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