An expected 200,000 passengers were expected to be affected by the action at 11 major airports, the latest show of labor unrest in Germany.
Category: Labor and Jobs
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The Federal Reserve Meets Wednesday. Here’s What to Watch.
Officials are likely to keep interest rates unchanged at the conclusion of their January meeting. Here’s a look at what might come next.
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UPS to Cut 12,000 Jobs as Wages Rise and Package Volumes Fall
After what the company called a “difficult and disappointing” 2023, UPS said the cuts would save $1 billion this year.
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Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’
The retailer has been raising wages for store associates. It’s now turning its attention to improving salaries and benefits for their bosses.
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Hottest Job in Corporate America? The Executive in Charge of A.I.
Many feared that artificial intelligence would kill jobs. But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology.
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Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit
The buyout giant KKR pioneered a model of granting ownership stakes to employees at portfolio companies. Now it wants the approach to spread.
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What Hefei, China’s EV City, Says About the State of the Economy
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
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Economists Predicted a Recession. So Far They’ve Been Wrong.
A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.
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Journalists at New York Daily News Walk Off Job for a Day
Newsroom workers at The Daily News Union, which formed in 2021, are in negotiations for their first contract.
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Biden Seeks U.A.W. Endorsement With Conference Speech
The group’s president, Shawn Fain, criticized Republican policies at a United Automobile Workers conference this week. President Biden is scheduled to deliver the keynote address.