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Labor Agreements

All articles tagged with #labor agreements

business1 year ago

Volkswagen Faces Nationwide Strikes Amid Wage Dispute in Germany

Volkswagen workers across Germany initiated warning strikes at nine factories as tensions over labor agreements and potential factory closures escalate. The strikes follow Volkswagen's decision to scrap labor agreements and consider factory closures and pay cuts. Union IG Metall warns of a potentially severe wage dispute, with further negotiations planned. Volkswagen acknowledges the workers' right to strike and seeks a constructive resolution.

via CNBC|
#business#germany#ig-metall
business1 year ago

Starbucks and Workers United Set to Resume Collective Bargaining Talks

Starbucks and the union representing employees in around 400 of its U.S. stores have announced the beginning of discussions on a "foundational framework" to reach labor agreements with unionized workers and resolve litigation. This marks a significant shift in strategy for Starbucks, which has previously resisted union organizing. The company aims to negotiate and ratify contracts by the end of the year and has agreed to a "fair process for organizing," while also providing unionized workers with benefits previously withheld. If successful, this could be a major development in labor relations in corporate America.

via The New York Times|
#business#corporate-america#labor-agreements
business2 years ago

"UAW Strike Deadline Looms: Automakers Brace for Impact"

The Detroit Three automakers and the United Auto Workers (UAW) union are in the final hours to reach new labor agreements before the current strike expands to include more plants. The UAW launched simultaneous strikes at one assembly plant each of General Motors, Ford, and Stellantis, but analysts expect a wider strike to include plants that produce highly profitable pickup trucks. If new deals are not reached by noon EDT on Friday, more UAW members are expected to join the strike. The standoff raises concerns about prolonged industrial action that could disrupt production and impact the supply chain, potentially affecting U.S. economic growth.

via Yahoo Finance|
#business#detroit-three-automakers#industrial-action