All articles tagged with #job protection
The UK government will guarantee a £1.5bn loan to Jaguar Land Rover to support its suppliers and protect jobs amid a cyber attack that has halted production since August, costing the company at least £50m weekly. The move aims to stabilize the supply chain and safeguard employment across the UK automotive sector.
US Steel is shutting down its Granite City, Illinois mill in October but will retain 800 workers until at least 2027 due to a deal with the Trump administration that provides job protections and production guarantees, although the plant will only maintain ancillary operations and not produce steel during this period.
Steelworkers at U.S. Steel are shocked and worried about the potential sale of the company, but their contract includes strict succession clauses that protect jobs, pay, and benefits if ownership changes. Multiple offers have been received, including bids from Cleveland-Cliffs and Esmark. The United Steelworkers Union has expressed concerns about the direction of the company and its investments. While the future remains uncertain, the union is closely monitoring the situation and will work to protect workers' rights and benefits.