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cbtnews
8h
GM mandates new return-to-office policy for salaried workers
GM CEO Mary Barra revealed that on Jan 8, salaried employees within 50 miles of an office site must report in person at least ...
Automotive News
10h
GM mandates in-office days on Tuesdays, Wednesdays and Thursdays
CEO Mary Barra sent a memo to staff Tuesday saying employees must commute into GM on Tuesday, Wednesday and Thursday each ...
6don MSN
Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the ...
6don MSN
Ford says UAW strike cost $1.7 billion in lost profits in 2023
Ford said Thursday the United Auto Workers strike cost the company $1.7 billion in lost profits as it reported before-tax, ...
IndustryWeek6d
Ford Expects Higher Per-Car Costs than GM from UAW Deals
Ford Motor Co. executives said Nov. 30 that the recently concluded United Auto Workers contract negotiations are expected to add about $900 in costs per vehicle by 2028—a starkly higher figure than ...
7d
GM sees $9.3B hit from UAW deal, plans to cut spending at troubled robotaxi Cruise unit
General Motors said Wednesday its new labor deals after a lengthy US strike will cost it $9.3 billion even as it outlined $10 ...
Electrek
6d
A wave of layoffs hits EV battery companies
It’s been a tough few weeks for workers at next-gen and traditional EV battery companies, with hundreds of employees in the US and Europe losing their jobs.
Crain's Cleveland Business
11h
Xellia Pharmaceuticals will lay off employees in Bedford
The layoffs will take place in February, the pharmaceutical company said in a notice filed with the state of Ohio on Wednesday, Dec. 6.
Yahoo Finance6d
Ford says new UAW contract will add $8.8B to labor costs
As a result of the 2023 UAW contract, Ford Motor Co. said Thursday its labor costs in North America will increase by $8.8 ...
7d
U.S. Steel closes Granite City furnace ‘indefinitely,’ warns 1,000 of layoffs
A major blast furnace at U.S. Steel's plant in Granite City will remain idled indefinitely, the company said Tuesday.
Fortune7d
GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls
GM head Mary Barra during a February interview. Victor J. Blue/Bloomberg General Motors Co. offered a response to critics of its unsteady push into electric vehicles and self-driving: to shower ...
The Star Press (Muncie) on MSN
12d
Michael Hicks: Are we in a period of new union activism?
The United Auto Workers strike against the big three domestic automakers has some economists arguing we are entering a new ...

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