Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
Posted inBelvidere (Ill) Electric and Hybrid Vehicles Factories and Manufacturing Jeep Division of Fiat Chrysler Labor and Jobs Layoffs and Job Reductions Shutdowns (Institutional) Sports Utility Vehicles and Light Trucks Stellantis NV United Automobile Workers

Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers

Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.
For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
Posted inBanking and Financial Institutions Bonuses Executive Compensation Goldman Sachs Group Inc Jefferies Group Inc JPMorgan Chase & Company Layoffs and Job Reductions Recession and Depression Two Thousand Twenty Three Two Thousand Twenty Two United States Economy

For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust

There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.