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Labor Issues

TFFP

TFF Pharmaceuticals, Inc. (Nasdaq: TFFP) has announced it will wind down operations and has terminated its employees following a board decision.

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November 14, 2024 | 9:30 pm

VWAGY

Volkswagen is considering closing three factories in Germany, potentially leading to significant job losses and salary reductions. The company also reported a 63.7% drop in third-quarter net profit.

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November 14, 2024 | 6:00 pm

AAP

Advance Auto Parts is closing 500 stores and cutting jobs due to a decline in car repairs, potentially incurring up to $750 million in restructuring costs.

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November 14, 2024 | 5:45 pm

BA

Boeing is cutting 17,000 jobs, which is 10% of its workforce, following a labor union strike. This move is part of an effort to adjust its workforce.

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November 14, 2024 | 3:15 pm

STLA

Stellantis has announced that it will not close plants or cut jobs in Italy, as stated by an executive during government-organized talks. This move aims to address concerns about the Italian car industry.

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November 14, 2024 | 3:15 pm

SIEGY

Siemens plans to cut up to 5,000 jobs in its factory automation business due to a downturn, as announced by CEO Roland Busch.

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November 14, 2024 | 10:15 am

GILD

Gilead Sciences is closing its Seattle office, affecting 72 employees. This move is part of the company's strategic decisions impacting its operations.

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November 14, 2024 | 6:15 am

ADAP

Adaptimmune Therapeutics (NASDAQ: ADAP) reports Q3 2024 financial updates, highlighting the launch of Tecelra® with 9 treatment centers and the first patient apheresed. The company plans a 33% headcount reduction in Q1 2025 to save $300 million over four years, aiming for breakeven by 2027. Total liquidity at the end of Q3 was $186.1 million.

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November 13, 2024 | 9:15 pm

AMZN

The US labor board has ruled against Amazon, stating that the company made unlawful promises and threats during mandatory anti-union meetings at a New York City warehouse. The board has banned employers from holding such meetings in the future.

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November 13, 2024 | 9:00 pm

AMZN

The National Labor Relations Board (NLRB) has ruled against mandatory anti-union meetings, following a complaint involving Amazon. This decision prevents companies from forcing employees to attend meetings that discuss the negative aspects of unionization.

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November 13, 2024 | 8:00 pm