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Labor Unions

All articles tagged with #labor unions

VW to slash models and trim capacity in sweeping restructuring
business1 day ago

VW to slash models and trim capacity in sweeping restructuring

Volkswagen said it will drastically cut its model lineup—by up to half—and reduce annual production capacity to about nine million vehicles from 12 million, as part of a broader transformation. The move follows a tense boardroom clash and reports of potentially closing four German plants and cutting up to 100,000 jobs, though unions and lawmakers oppose the plan and no final agreement has been reached.

VW’s 100,000-Job Overhaul Signals a Turntoward Change Amid EV Surge
business12 days ago

VW’s 100,000-Job Overhaul Signals a Turntoward Change Amid EV Surge

Volkswagen is reportedly planning a radical overhaul that would cut about 100,000 jobs (roughly 15% of its global workforce) and halt production at several German plants, while trimming five-year investments by about 15% to roughly €130 billion. The plan, described via Manager Magazin and CNBC, would be VW’s largest restructuring in 89 years and faces pressure from labor unions. The moves come as Tesla and Chinese competitors gain market share in Europe and Germany, with VW’s domestic sales slipping in Q1 2026 even as rival volumes rise, underscoring the push to accelerate electrification and software/battery progress across the Group.

Dev warns Star Wars Eclipse could be canceled amid looming layoffs
technology13 days ago

Dev warns Star Wars Eclipse could be canceled amid looming layoffs

Quantic Dream staff warn that Star Wars Eclipse could be canceled if the planned layoffs of about 115 workers proceed, saying the studio is already understaffed and losing that many would halt production; a French union strike presses for safer restructuring as Lucasfilm Games monitors progress. The project, announced in 2021 and set during the High Republic era, remains uncertain amid past abuse allegations at the studio.

Germany maps out pension reform to shore up aging system
world-news17 days ago

Germany maps out pension reform to shore up aging system

Germany plans to overhaul its aging pension system, with a commission recommending raising the minimum retirement age from 63 to 64 and ending the 63-year early-retirement provision, while also raising the age for phased retirement from 55 to 58. The government says it will push the package through quickly, but unions oppose it and the coalition’s slim majority could complicate passage.

Apple to Shut Down Three Stores Amid Mall Declines and Retail Slumps
business20 days ago

Apple to Shut Down Three Stores Amid Mall Declines and Retail Slumps

Apple is permanently closing three U.S. stores today—Towson Town Center (Maryland), North County in Escondido (California), and Trumbull (Connecticut)—citing the departure of retailers and declining mall conditions; affected employees may transfer to nearby Apple stores, and the Towson closure has drawn criticism from the union and lawmakers given its history of unionization.

DC fines Lewis George campaign for alleged labor-union coordination
dc-politics27 days ago

DC fines Lewis George campaign for alleged labor-union coordination

The District’s Office of Campaign Finance fined mayoral candidate Janeese Lewis George’s campaign $16,000 after investigators found improper coordination with labor unions and an independent expenditure committee that spent about $1 million supporting her; the union-backed group Safe & Affordable DC was fined $4,000. Lewis George’s campaign denies wrongdoing and plans to appeal the ruling.

state-politics-and-policy1 month ago

Pritzker pauses Illinois data-center incentives, triggering fall veto showdown

Illinois Gov. JB Pritzker halted new state tax incentive agreements for data centers after lawmakers balked, pausing incentives for any new projects while negotiations on a broader framework addressing energy, water use, and community benefits unfold; existing agreements remain in place, and the move sets up a fall veto-session clash between labor unions and environmental groups over AI- and cloud-driven growth.

politics1 month ago

San Francisco’s Open-Seat Test for the Left’s Next Leader

In San Francisco’s open House race to replace Nancy Pelosi, three progressives—Scott Wiener, Connie Chan, and Saikat Chakrabarti—present distinct left-leaning paths: Wiener leans to a pragmatic left, Chan emphasizes labor backing and wealth taxation, and Chakrabarti pushes a broader insurgent agenda. Pelosi’s late endorsement of Chan adds weight as the city’s tech wealth and housing shifts shape the contest and its national implications for the Democratic left.

Bonus Backlash at TSMC Sparks Samsung-Style Strike Talk Amid Record Profits
business1 month ago

Bonus Backlash at TSMC Sparks Samsung-Style Strike Talk Amid Record Profits

TSMC faces employee fury over rumors of bonus cuts, with social-media chatter and discussions of Samsung-style strikes echoing through Taiwan’s chip-wage culture, even as the company posted a 58% year-over-year profit jump in Q1 2026 and continues massive CapEx for advanced fabs; workers question wage perks while management weighs belt-tightening in a high-stakes AI chip buildout.

AI Boom Pushes Samsung to $1 Trillion, Workers Demand Bigger Slice
business1 month ago

AI Boom Pushes Samsung to $1 Trillion, Workers Demand Bigger Slice

Samsung Electronics rode a surge in AI demand to become a $1 trillion company, but tens of thousands of memory-chip workers pressed for a bigger share of the profits; a tentative deal was reached hours before a planned strike to scrap a bonus cap and allocate about 10.5% of operating profits to bonuses for the semiconductor division, a win that still requires union member approval and could disrupt production if votes fail. The dispute underscores broader wage-gap tensions as rivals like SK Hynix boost pay amid tight AI memory supply that could affect data-center growth.

Secret NY rail deal ends three-day strike as activists push for transparency
labor1 month ago

Secret NY rail deal ends three-day strike as activists push for transparency

New York’s three-day LIRR strike ended with Governor Hochul announcing a tentative agreement to resume service, but none of the contract terms have been released. The International Workers Alliance of Rank-and-File Committees (IWA-RFC) denounces the deal as negotiated behind closed doors by the MTA, the five unions, and Albany, and urges full public disclosure and the formation of independent rank-and-file committees to read, discuss, and potentially reject or renegotiate the terms to prevent concessions and restart the strike if needed.

LIRR strike ends as tentative deal clears the way for phased service restart
local1 month ago

LIRR strike ends as tentative deal clears the way for phased service restart

The Long Island Rail Road strike ended after the MTA and five unions reached a tentative agreement, with Governor Hochul announcing phased service would resume starting tomorrow at noon. Negotiations, mediated by the National Mediation Board, had shut down service since Saturday, forcing riders to rely on shuttle buses as crews prepare to restore trains in phases over the coming days.

LIRR at risk of shutdown as union talks near deadline
nation1 month ago

LIRR at risk of shutdown as union talks near deadline

North America’s busiest commuter railroad, the Long Island Rail Road, faces a shutdown risk as unions and the MTA race toward a contract deadline. After a 60-day cooling-off period, talks continue with wage demands; the MTA has offered what it says is a 4.5% increase in the contract’s fourth year via lump-sum payments, while unions seek about 16% over four years. Free limited shuttle buses will operate during rush hours if a deal is not reached, and riders are urged to telework where possible as negotiations proceed.