The carmaker dismissed hundreds of employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.
Category: Labor and Jobs
-
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.
-
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina
The United Automobile Workers reached an agreement involving workers who make Freightliner trucks and Thomas Built buses. The deal comes as the union seeks to expand in Southern states.
-
Business Groups Sue to Stop F.T.C. From Banning Noncompete Clauses
The suit was filed the day after the agency announced a rule that prohibits companies from limiting their employees’ ability to work for rivals. It argues that the F.T.C. does not have the authority.
-
Starbucks and Union Set to Restart Contract Talks After Bitter Standoff
The company and Workers United, which represents more than 10,000 of the chain’s employees, broke off negotiation nearly a year ago.
-
Former Boeing Manager Says Workers Mishandled Parts to Meet Deadlines
Merle Meyers, who left Boeing last year after a 30-year career, said he was speaking publicly about his experience because he loved the company “fiercely.”
-
‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
-
FTC Bans Worker Noncompete Clauses
The rule would prohibit companies from limiting their employees’ ability to work for rivals, a change that could increase competition and boost wages.
-
Supreme Court to Hear Starbucks Challenge to Labor Ruling
The case, which stems from the firing of seven Starbucks workers in Memphis, seeks to limit the National Labor Relations Board’s ability to obtain a court intervention in labor cases.
-
Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens
The community canteens, offering huge plates for a dollar or two, have become popular among penny-pinching young professionals.
-
Could the Union Victory at VW Set Off a Wave?
Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor’s most significant advance in decades. But the road could get rockier.
-
How Ozempic Is Transforming a Small Danish Town
In Kalundborg, population under 17,000, Novo Nordisk is making huge investments to increase production of its popular diabetes and weight-loss drugs, Ozempic and Wegovy.