Streetbeat News

Labor Issues

BA

Boeing's new CEO, Kelly Ortberg, addressed employees with a tough message, stating that the company is at a low point due to internal conflicts. He emphasized the need to focus on competing with Airbus.

Portfolio Pulse from

November 20, 2024 | 11:15 pm

F

Ford is cutting 4,000 jobs in its European operations due to stalled electric vehicle sales in the region.

Portfolio Pulse from

November 20, 2024 | 7:15 pm

BA

Boeing is planning to lay off 2,200 workers in Washington in the coming months, affecting its workforce across the U.S.

Portfolio Pulse from

November 20, 2024 | 5:30 pm

F

A supermajority of workers at Ford's Kentucky battery plant have signed union cards, indicating support for the United Auto Workers (UAW).

Portfolio Pulse from

November 20, 2024 | 4:45 pm

F

Ford is cutting 4,000 jobs in Europe due to significant losses, citing the shift to electric vehicles and increased competition as disruptive factors.

Portfolio Pulse from

November 20, 2024 | 4:45 pm

F

Ford plans to cut 4,000 jobs in Europe due to slowing electric vehicle sales. This cost-cutting measure aims to help the company compete with Chinese rivals.

Portfolio Pulse from

November 20, 2024 | 4:30 pm

F

Ford plans to lay off 4,000 employees in the U.K. and Germany due to losses from competitive, regulatory, and economic challenges in Europe's car market.

Portfolio Pulse from

November 20, 2024 | 4:00 pm

VOW

Volkswagen Group is facing significant opposition from workers as it plans to close three plants in Germany to save costs. Workers have proposed foregoing bonuses to prevent the closures, which unions claim could lead to a 'historic battle'.

Portfolio Pulse from

November 20, 2024 | 3:00 pm

F

Ford is cutting 4,000 jobs in Europe due to significant losses in its passenger vehicle operations, rising competition, and weaker-than-expected demand for EVs.

Portfolio Pulse from

November 20, 2024 | 2:30 pm

F

Ford Motor Company is cutting 800 jobs in the UK as part of a broader plan to reduce thousands of roles across Europe due to declining demand for electric vehicles. The cuts will affect several sites, including Daventry and Dunton.

Portfolio Pulse from

November 20, 2024 | 2:30 pm