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Gig Workers Face Income Crisis as Market Hits Saturation Point
Drivers report 50% earnings drop as platforms overflow with workers, forcing many to seek creative alternatives in uncertain economy...
Gig economy saturation forces worker adaptation as recession looms. Colorado Uber driver's earnings plunged 50% from $66,000 (2019-2024). Instacart CEO Simo reports waitlists while Arise's Padron offers customer service alternatives across multiple clients. Workers pivot to concert line-standing, food truck ventures. Rising costs, weather-dependent profits challenge traditional platforms' viability.
Luxembourg Tops Europe's Labor Costs at €55.2 Per Hour
New data reveals stark East-West divide in European wages, with Nordic and Western nations leading while Eastern European costs remain significantly lower...
2024 European labor costs range €10.6 (Bulgaria) to €55.2 (Luxembourg), averaging €33.5. Nordic countries lead, while Eastern Europe (Romania €12.5, Hungary €14.1) shows lowest rates. High-cost Western nations include Belgium (€48.2), Netherlands (€45.2), Austria (€44.5), France (€43.7), Germany (€43.4). Southern Europe moderate: Italy (€30.9), Spain (€25.5), Portugal (€18.2), Greece (€16.7).
Global Executives Buckle Under Pressure as Management Layers Vanish
New Korn Ferry survey reveals 72% of leaders stressed amid widespread corporate restructuring, while workers demand flexible arrangements and better work-life balance...
Korn Ferry CEO Lesley Uren reports 72% of executives stressed as companies cut middle management across 10 countries. Survey of 15,000 workers shows 44% experiencing delayering, 69% wanting hybrid work (32% have it), 61% seeking flexibility, 60% prioritizing mental health. 75% of Gen Z struggle with intergenerational workplace dynamics.
Volvo's Mack Trucks to Cut Up to 800 US Jobs
Heavy-duty truck maker reduces workforce across three states amid declining orders, rising costs, and freight market uncertainty...
Volvo Group plans 550-800 layoffs across Mack Trucks Macungie PA, Dublin VA, and Hagerstown MD facilities from its 20,000 NA workforce. Trump's tariffs disrupted 75-year trading system, increasing manufacturing costs and recession risks. Heavy-duty truck orders decline amid freight rate uncertainty, regulatory changes, and reduced demand, forcing production alignment.
Big Four Partners' Million-Dollar Dream Faces Growing Hurdles
Competition intensifies for coveted partnership roles at top accounting firms, where UK Deloitte partners earn $1.3M annually amid industry changes...
Big Four firms (Deloitte, EY, PwC, KPMG) offer coveted partnership roles, with UK Deloitte equity partners earning $1.3 million annually. Partners gain voting rights and profit shares, but structural shake-ups and slowing growth increase competition. Executive recruiters and a former PwC partner advise developing commercial mindset, team-player attitude, and political savvy for success.
Recent Grads Battle Students for Summer Internship Spots
Cooling job market forces graduates to compete for traditionally student-only roles as companies cut entry-level positions and training programs...
Amid a cooling job market, recent graduates increasingly compete for summer internships typically reserved for students, reports Glassdoor's Daniel Zhao. Companies have reduced investment in entry-level positions, trainee programs, and apprenticeships. Early-career professionals face unprecedented competition and career ladder difficulties, forcing alternative pathways into the workforce.
Companies Increasingly Let Workers Cash Out Unused Vacation Days
Goldman Sachs survey shows 25% of firms now offer PTO conversion programs, allowing employees to exchange vacation time for various benefits...
Goldman Sachs Ayco executives Megan Wells and Jonathan Barber report 25% of 400+ partners offer PTO conversion programs, up from 21% in 2021. Employees across 5 generations exchange vacation days for cash, charitable donations, student loans, 401(k)s, or HSAs. Complex state regulations, including California's mandatory rollover, require B2B support for smaller companies.
CFPB Slashes 90% of Workforce in Dramatic Agency Downsizing
Acting Director terminates 1,500 employees by June, reducing staff to 200 amid legal challenges and union opposition...
CFPB issues RIF notices to 1,500 employees, reducing staff to 200 by June. Acting Director Vought implements 90% cuts within 3.5 days of required assessment. CLO Paoletta shifts focus to states from non-depositories. DC Court's injunction, partially lifted on appeal, allows termination of 'unnecessary' staff. NTEU challenges cuts as employees lose access Friday 6 p.m.
Tech Giants Dominate Glassdoor's Top 25 Internship Rankings
Analysis shows large tech companies offering highest salaries and job security, as students prioritize stability in uncertain job market...
Glassdoor's analysis of 25 top internships, led by economist Daniel Zhao, reveals tech sector dominance amid cooling job market. Rankings considered median salary, culture, career opportunities, and workplace factors. Companies required 1000+ employees, 15 salary listings, and reviews with 10+ factors from April 2024-March 2025. Job security emphasis favors larger, stable employers.
New Grads Face Tough Job Market as Hiring Slows
Youth unemployment hits 13.7% amid declining job postings and recession fears, with economists warning of long-term career impacts...
TMU graduates Olivia Washington and Saniya Mirza exemplify challenges facing new graduates. Washington plans Bermuda return while Mirza continues job hunting. Youth unemployment at 13.7%, job postings down 2.6% February, 1.9% March. Canadian Public Policy study shows recession-era starts impact long-term earnings. Stanford predicts two-year recession, 32% firms expect downturn. Bank of Canada survey indicates historic low hiring intentions.
WestJet Scraps Foreign Pilot Hiring After Union Backlash
Airline abandons plans to recruit 60 pilots from India and South Africa following Air Line Pilots Association's legal challenge over labor assessment...
WestJet halted plans to hire 60 foreign pilots from India and South Africa for subsidiary WestJet Encore after union opposition. The Air Line Pilots Association challenged the March 10 federal approval, citing reduced U.S. travel demand and arguing foreign captains would receive lower pay and limit Canadian promotions. The union's court challenge questioned the labour assessment claiming no qualified Canadians were available.
Commuting Costs Soar as Workers Return to Office
Workers spend up to 7% of income on commutes, with New York topping the list at $5,907 annually amid new congestion pricing measures...
Return-to-office mandates impact workers spending up to 7% on commuting. Annual costs: Louisville $3,615, Wichita $3,670, Flagstaff $3,688, Colorado Springs $3,909, Orlando $3,916, Tampa $3,957, San Jose $4,465, Houston $4,864, Phoenix $5,081, New York $5,907. New York implements congestion pricing to discourage drivers.
Tenerife Hotel Workers Plan Easter Strike Amid Tourism Crisis
80,000 workers to protest as mass tourism strains island's resources and workforce, threatening holiday plans for thousands of visitors...
Easter strikes by 80,000 Tenerife hotel workers highlight tourism challenges. Foreign Office warns travelers as Comisiones Obreras contests minimum services. Tourism represents 35% of economy, but causes housing crisis and environmental concerns including water shortages. Workers like Fernando Cambon Solino and Rodrigo Padilla's mother face difficult conditions, sparking calls for sustainable tourism.
Nigerian TikTok Moderator Found Dead After Workers' Rights Protest
Ladi Anzaki Olubunmi, 43, who led employee walkout at Teleperformance, discovered deceased in Nairobi under mysterious circumstances...
Ladi Anzaki Olubunmi, 43, Nigerian TikTok moderator who complained of fatigue, died mysteriously in Nairobi. Working for Teleperformance since 2022, she led a November walkout for workers' rights. Colleague Tauheed Tayo Yakubu praised her activism. Her decomposed remains were found March 7. The funeral drew 200 mourners, including her brother and Nigerian officials.
US Jobless Claims Drop Unexpectedly as Labor Market Stays Strong
Weekly claims fall to 215,000, defying recession fears as job openings remain plentiful and unemployment holds at 4.2%..
U.S. jobless claims fell 9,000 to 215,000 versus predicted 225,000, with abundant openings despite tariff-recession fears. March gained 228,000 jobs despite 4.2% unemployment. Total claims hit 1.89 million April 5, as four-week average reached 220,750. Meta's layoffs represent specific adjustments in strong market.
Nigerian TikTok Moderator Found Dead After Workplace Disputes
Ladi Olubunmi, 43, discovered in Nairobi following months of labor activism over working conditions and permits at Teleperformance...
Ladi Anzaki Olubunmi, 43, Nigerian TikTok moderator for Teleperformance, was found decomposed March 7 in Nairobi. Since 2022, she visited home once despite annual return benefits. Led by Tauheed Tayo Yakubu, she organized a November 2023 walkout for work permits. Her brother attended her funeral following her death, which occurred amid complaints of fatigue, poor pay, and limited support.
US Jobless Claims Hit 215,000 as Labor Market Stays Strong
Weekly unemployment filings drop by 9,000 despite high-profile tech layoffs, suggesting continued resilience in American job market...
US unemployment claims dropped 9,000 to 215,000 by April 12, maintaining 200,000-250,000 range. Four-week average fell to 220,750. March added 228,000 jobs despite 4.2% unemployment. Companies including Workday, Meta, and Starbucks announced layoffs, with total benefit recipients at 1.89 million. Market shows resilience despite Trump tariffs and global concerns.
US Jobless Claims Drop, Defying Recession Fears
Declining unemployment benefit applications signal continued labor market strength and economic resilience despite broader market uncertainties...
US jobless claims continue declining, demonstrating persistent labor market strength amid recession fears. The decrease in unemployment benefit applications indicates robust economic performance and workforce stability. This trend of reduced claims reflects positive market conditions and employment resilience, defying broader economic uncertainties.
US Weekly Jobless Claims Drop, Defying Economic Uncertainty
Labor Department reports 215,000 new claims, beating forecasts while total benefit recipients climb to 1.89 million amid mixed employment signals...
Labor Department: U.S. jobless claims fell 9,000 to 215,000 by April 12, below 225,000 forecast. Total recipients rose 41,000 to 1.89 million. March added 228,000 jobs despite 4.2% unemployment. Four-week average: 220,750. Despite Meta layoffs and Trump's tariff concerns, the historically resilient job market maintains stability within 200,000-250,000 claim range.
US Jobless Claims Fall Below Expectations as Labor Market Strengthens
Weekly unemployment claims drop to 215,000 while March adds 228,000 jobs, signaling continued resilience in employment despite trade tensions...
Labor Department reports unemployment claims dropped to 215,000, below 225,000 forecast. March added 228,000 jobs, unemployment at 4.2%. Continuing claims hit 1.885 million. Despite no federal worker impact, Trump's tariffs and China trade war affect business planning. Powell acknowledges deviation from maximum employment and price stability goals.
US Jobless Claims Drop Below Forecasts Despite Trade Tensions
Weekly claims fall to 215,000 as labor market shows resilience, but business uncertainty grows amid ongoing trade disputes and economic headwinds...
Initial claims fell to 215,000 April 12, below Reuters' 225,000 forecast. Trump's China trade war and import duties create business uncertainty despite no federal layoffs. Powell at Chicago warned of employment challenges. March added 228,000 jobs, unemployment at 4.2%. Continuing claims hit 1.885 million April 5. Low business sentiment suggests rising unemployment.
ManpowerGroup Profits Slump Despite Better-Than-Expected Revenue
Staffing giant posts $5.6M Q1 profit with 12 cents per share, missing analyst expectations despite revenue beating forecasts at $4.09B...
ManpowerGroup Inc.'s Q1 2024 results revealed $5.6M profit, equating to 12 cents per share, with adjusted earnings of 44 cents versus expected 52 cents. The Milwaukee-based staffing company's $4.09B revenue exceeded the $3.95B forecast by Zacks Investment Research's 5 analysts. Earnings fell short of expectations but excluded non-recurring costs.
Honda Shifts Civic Hybrid Production from Japan to Indiana
Move sparks concerns in Canada, though Alliston plant retains CR-V and Civic sedan manufacturing amid changing global production landscape...
Honda spokesman Chris Abbruzzese confirms Civic hatchback hybrid production moving from Japan to Indiana. Alliston plant maintains CR-V and Civic hybrid sedan manufacturing. Doug Ford verifies Canadian operations' security. Unifor's Lana Payne advocates carrot-and-stick approach, combining industrial policy with penalties against Trump-influenced job relocations.
Gen Z's AI Edge Could Fast-Track Path to Leadership
Uber CEO highlights value of balanced education as experts predict younger workers' tech fluency may accelerate their rise to executive roles...
Uber CEO Dara Khosrowshahi credits Brown University's combined engineering and liberal arts education for effective leadership. Gen Z's natural AI aptitude could accelerate their rise past millennial bosses. Indeed's Aneesh Raman emphasizes human-centric leadership as crucial while companies navigate public scrutiny, shareholder expectations, and technological advancement. Leaders must balance technical expertise with emotional intelligence.
Networking Success: Make Others Feel Valued, Not Impressed
Monday Girl co-founder reveals how active listening and preparation can overcome networking anxiety, turning casual connections into career advocates...
Monday Girl co-founder Bestari addresses the 67% finding networking awkward, emphasizing making others feel valued through active listening over perfect pitches. Success requires pre-event research, outreach, and personal preparation including mirror affirmations. Essential elements span body language basics, prompt follow-ups, and LinkedIn engagement. Multiple touchpoints transform connections into career-advancing advocates.
NJ Transit Strike Looms as Engineers Reject Contract Deal
Union representing 925,000 daily commuters sets May 15 deadline after 87% vote down proposal, citing pandemic sacrifices and inflation concerns...
NJ Transit engineers rejected March deal by 87%, prompting CEO Kolluri to seek new negotiations. Brotherhood of Locomotive Engineers, without raises since 2019 contract expiration, face May 15 strike deadline. Union leader Haas cites pandemic deaths, inflation impact on 925,000 daily trips, including NYC routes. Agreement offered wage increase, grievance resolution.
Canada Sheds 62,000 Full-Time Jobs in March Downturn
Record-breaking job losses outside pandemic era see workers shifting to part-time roles, while long-term unemployment doubles from 2023...
March 2024: Canada lost 62,000 full-time jobs, worst non-COVID March record. 21,500 workers aged 25-54 shifted to 15,600 part-time roles. Goods sector lost 11,700 jobs, mostly agriculture. 200,000+ long-term unemployed, up from 100,000 in 2023. 50% are new entrants. Despite Trump tariffs, manufacturing grew, 0.7% layoff rate stable. Government intervention needed.
Mass NOAA Layoffs Threaten Critical Weather and Ocean Research
24,000 federal workers face uncertainty after court-ordered reinstatement ends, impacting vital climate and coastal monitoring programs...
NOAA scientist Sarah Cooley and 24,000 probationary workers navigate unemployment, healthcare, and rent concerns after Trump administration February firings, court reinstatement, and re-termination. Office consolidation and workforce reduction threaten NOAA's weather warning systems, coastal community support, and Cooley's 15-year ocean chemistry research. Employees updated LinkedIn during paid leave, hoping to return.
Submarine Designers Threaten Strike at General Dynamics Plant
2,400 UAW workers at Electric Boat facility demand better benefits and reject healthcare cost increases amid naval vessel production delays...
2400 UAW marine drafters at General Dynamics' Electric Boat authorized strike post-April 4 contract expiration. Workers designing Virginia-class submarines demand COLA, pension restoration, and oppose 52-161% medical insurance hikes. CEO Phebe Novakovic acknowledges delays from pandemic-related supply chain issues, quality problems, and labor shortages.
Companies Grapple with Employee Communication in Uncertain Times
Fortune 500 experts advocate transparent, frequent updates as research shows under-communication faces harsh criticism from anxious workforce...
U.S. companies reassess communication amid workplace uncertainty. David Dotlich, Fortune 500 advisor, urges pragmatic optimism. HR leaders must address employee anxiety despite incomplete information. Adam Galinsky, Columbia professor, cites Stanford study showing 10x criticism for under-communication. Over-communicators demonstrate good intentions. Leaders prioritize transparent communication.
Starbucks Brews Controversy with New Nationwide Dress Code
Union stores protest mandatory black-and-khaki uniform policy, while company offers free shirts to 300,000 US baristas...
Starbucks mandates black shirts and khaki/denim bottoms under green aprons May 12, providing two free T-shirts. Among 10,000 US stores, 550 unionized locations oppose changes, citing existing negotiations and pressing needs for guaranteed hours and proper staffing. Policy reverses 2016's lenient guidelines, though maintains one facial piercing allowance.
Starbucks Rolls Out Stricter Dress Code, Union Pushes Back
New policy mandates black shirts and specific bottoms, while union workers demand labor agreement completion before implementing changes...
Starbucks implements May 12 dress code requiring black shirts and khaki/denim bottoms under green aprons, providing two free T-shirts. Starbucks Workers United, representing 550 of 10,000 US stores, opposes changes until labor agreement completion. Barista Jasmine Leli prioritizes staffing and guaranteed hours over dress code. Policy updates 2016 color expansion and maintains 2019's one facial piercing allowance.
Caterpillar CEO Steps Down, COO Creed Takes Helm
After eight years leading the industrial giant, Jim Umpleby transitions to Executive Chairman as company veteran Joe Creed assumes CEO role...
Caterpillar's Jim Umpleby will transition to Executive Chairman on May 1 after eight years as CEO. COO Joe Creed, a 28-year veteran, will become CEO and join the board. The company, recognized as a global economic bellwether, has seen its shares decline 18% in 2025 amid uncertainty following the Trump presidency.
Ontario Law Shields Parents Returning from Leave Against Termination
Employers face strict legal obligations under ESA to protect parental leave rights, with burden of proof in discrimination claims falling on companies...
Ontario's ESA mandates parental leave protections, prohibiting reprisal and requiring reinstatement. Employers face reverse onus in discrimination claims under human rights legislation. Professional guidance recommended for negotiating amicable separations with severance. Performance documentation essential. Time gap post-return strengthens termination justification. Restructuring attempts risk legal consequences.
Stellantis Hunts for New CEO Amid Industry Headwinds
Auto giant faces leadership transition, Trump tariffs, and EV challenges as Tavares departs with €35M package; five candidates under consideration...
Stellantis, maker of Jeep and Peugeot, seeks CEO among 5 candidates after Tavares' December exit with 35M euro package. Challenges include Trump's 25% tariffs causing 900 layoffs across US, Mexico, and Canada facilities, broken supplier relationships, and EV transition struggles. North America head Filosa and procurement chief Picat lead internal candidates.
Robot Workers Surge as US Factories Race Against Tariffs
Formic's automation service sees 17% growth as manufacturers accelerate production to beat trade war costs, processing 1.2 billion items across 100+ facilities...
Amid Trump's trade war, Formic's robots-as-a-service model provides automated packing and palletizing across 100+ US factories, processing 1.2 billion products. CMO Shawn Fitzgerald reports 17% overall and 13% food/beverage sector usage increases in February, despite fewer days. Companies accelerated production before tariff hikes, utilizing robots' 24/7 capability without overtime costs.
UK Job Market Cools as Vacancies Drop Below Pre-Pandemic Levels
March sees 78,000 payroll decline and rising unemployment amid economic pressures, sparking concerns over labor market stability...
UK vacancies fall below pre-Covid levels to 781,000 amid Reeves's £25bn tax raid and US tariffs impact. March saw 78,000 payroll drop, 4.4% unemployment, and 5.9% wage growth. ICAEW, Capital Economics, and Charles Stanley warn of market deterioration. KPMG forecasts 4.6% unemployment as Bank of England weighs May rate cut. Economic growth concerns persist.
Historic Garden Centre Wilts Under UK's Rising Labor Costs
250-year-old Aberdeen business forced to cut staff and hours as £12.21 minimum wage and increased National Insurance squeeze profits...
Ben Reid Garden Centre in Aberdeen, a 250-year-old family business, struggles with the UK's globally high minimum wage of £12.21 and increased National Insurance amid a £25bn tax raid. Owner Simon Fraser has implemented short-term contracts, four-day winter weeks, and laid off the delivery driver, stating they're 'employing a seventh person who doesn't exist' through costs.
GM Cuts 700 Jobs as Electric Vehicle Sales Sputter
Detroit's Factory Zero and Ontario's CAMI plant face layoffs and extended closures amid slower-than-expected EV demand...
GM laying off 700 workers due to weak EV demand: 200 at Factory Zero Detroit (4,500 employees, producing Silverado EV, Sierra EV, Hummer EV, Escalade IQ) and 500 at CAMI Ingersoll (BrightDrop vans). Ingersoll faces 3-week layoff, 2-week May production, then 20-week closure for 2026 retooling. Rehiring uncertain. Workers eligible for subpay, benefits.
Hudson's Bay Cuts Threaten Disabled Workers' Benefits During Liquidation
Over 250 employees on long-term disability face uncertain future as Canadian retail giant closes 83 stores under creditor protection...
Hudson's Bay Co., under creditor protection since March 7, threatens uninsured long-term disability benefits while liquidating all but 6 of 89 stores. Attorney Andrew Hatnay of Koskie Minsky represents 250+ affected employees. CLHIA reports 25,000 Canadians receive such payments, with 970,000 under similar arrangements. Previous Eaton's and Nortel cases demonstrate severe financial risks.
Wall Street Firm Bucks Remote Work Trend, Reports Success
Capitolis maintains strict office attendance policy with low turnover, crediting in-person collaboration for enhanced productivity and mentorship opportunities...
Capitolis mandated office return in New York and London 2 years ago, maintaining 25-year policy balancing strict attendance with parent flexibility. Among 10 million NYC residents, they attract in-person advocates despite remote trends. Their 150+ workforce shows 2% turnover, thriving through impromptu meetings and mentorship. Research confirmed productivity declined during work-from-home period.
Global CEO Tenures Shrink, Testing Corporate Succession Plans
Boards face mounting pressure to develop internal talent and manage leadership transitions as executive turnover accelerates worldwide...
Declining CEO tenures globally necessitate frequent succession planning. Full board involvement prevents bias and ensures objectivity. Organizations must develop 2-3 internal candidates, communicate expectations clearly, and support departing CEOs through emotional transitions. Best practices include stakeholder management, retention strategies, and maintaining constructive relationships while executing the board's primary responsibility.
UK Minimum Wage Nears Graduate Pay After Record Rise
£12.21 hourly rate puts annual earnings at £25,500, closing gap with entry-level graduates as job market shows signs of cooling...
UK minimum wage workers earn £25,500 yearly after 6.7% rise to £12.21 hourly. Since 2021's 37% increase outpaced 24% wage growth and 23% inflation, graduates earning £27,765 in lowest quarter face similar prospects despite £48,470 debt. KPMG reports highest job-seeker surge since December 2020, while Neil Carberry warns of declining vacancies and rising redundancies.
Chicago Teachers Win Historic $1.5B Contract Without Strike
Landmark deal adds 800 teachers, boosts salaries to $110,000, and improves classroom conditions for 325,000 predominantly minority students...
Chicago Teachers Union's 700 requests led to $1.5 billion contract serving 325,000 students (80% Black/Latino, 70% low-income). Deal adds 800 teachers to existing 7,000, includes 4-5% raises reaching $110,000 by 2028, 70-minute prep times, 25-student kindergarten caps. Publicly livestreamed negotiations yielded 97% member approval without strike.
Global CEOs Wage War on Corporate Bureaucracy
Leaders of Amazon, GM, Bayer, and JPMorgan slash red tape as study shows complexity drains 15% of corporate profits...
CEOs Jassy (Amazon), Barra (GM), Anderson (Bayer), and Dimon (JPMorgan) champion organizational simplification, with Bain reporting complexity costs 15% of profits. Anderson cuts 99% of rules, while others target bureaucracy reduction, streamlined operations, and faster product cycles. These simplification initiatives enhance organizational agility, innovation, and market responsiveness in rapidly changing environments.
Gaming Expert Unveils Career Strategy Based on Video Game Design
Jessica Lindl's 'Career Game Loop' framework applies gaming principles to professional development, offering four phases for strategic career navigation...
Jessica Lindl's Career Game Loop transforms careers through gaming principles, drawing from 20 years' expertise. The four-phase approach - choosing quests, leveling up, job hunting, and job crafting - promotes systemic thinking and continuous growth through intentional moves. This framework develops transferable capabilities and adaptability, replacing traditional resume focus with skills vital for non-linear careers in the evolving economy.
Gen Z Fills Critical Gap as Mass Exodus Hits Accounting
Students discover lucrative careers through volunteer tax programs as industry faces shortage of 340,000 accountants and wave of retirements...
Amid 340,000 accountants quitting and 75% nearing retirement, Gen Z discovers accounting's potential through VITA programs. Students like Kelley and Klascius at OSU, where 98% secure top business salaries, provide free tax assistance. The program, started at CSU Northridge, generated $11 million in refunds, $3.6 million in credits, saved $2 million in fees, while AI handles routine tasks.
Windsor Auto Workers Return After Trump Tariff Shutdown
Stellantis plant resumes two-week operations while company evaluates impact of new U.S. vehicle import tariffs..
Unifor Local 444 announced via social media that Windsor Stellantis workers resume both shifts April 21-28, following current and April 14 work stoppages. The pause stems from Trump's imported vehicle tariffs. Stellantis continues assessing tariff impacts and engaging with U.S. Administration, making no commitments beyond the two-week return period.
British Steel Crisis Threatens 2,700 Jobs at Historic Plant
Government considers emergency takeover as Scunthorpe facility loses £700,000 daily amid international pressures and calls for nationalization...
British Steel's Scunthorpe plant, UK's sole virgin steel producer employing 2,700, faces closure amid raw material shortages and 25% US tariffs. Owned by Jingye after £1 Greybull Capital sale, it loses £700,000 daily despite £1.2bn investment. Keir Starmer's emergency legislation enables government control, while Unite and Community unions urge nationalization to preserve G7 steel-making capability.
GM's Electric Van Plant Cuts 500 Jobs, Halts Production
Ontario's CAMI Assembly facility to suspend BrightDrop Zevo production until October amid sluggish EV delivery van sales...
GM's CAMI Assembly plant in Ingersoll, Ontario, manufacturing BrightDrop Zevo electric delivery vehicles, will initiate layoffs Monday, continuing production into May before closing until October. The facility employing 1,200 workers will lay off 500 staff, resuming one-shift operations. 2024 sales reached only 427 units in Canada and 1,529 in US.