Volkswagen Quits Labor Agreement, Paving Way for Job Cuts
A week after it announced it was considering closing factories in Germany, the automaker said it was exiting a labor contract that protected workers from layoffs.
Posted inHarris, Kamala D Labor and Jobs Presidential Election of 2024 Price Gouging Prices (Fares, Fees and Rates) Protectionism (Trade) Real Estate and Housing (Residential) Regulation and Deregulation of Industry Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government Wages and Salaries
Harris Economic Plan Focuses on Prices, a Key Vulnerability
Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.
Walt Ehmer, Former Waffle House C.E.O., Dies at 58
Mr. Ehmer steered the diner chain through the pandemic and preached spending more time in one of his 24-hour restaurants than in his office.
Posted inBatteries Electric and Hybrid Vehicles Europe Labor and Jobs Layoffs and Job Reductions Northvolt AB Volkswagen AG
Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe
The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grapples with competition from China.