Bank of America Raises Hourly Wages, Moves Closer to 2025 Goals
BoA lifts minimum wage to $24 USD. In the last seven years, the company has managed to bring the hourly wage up from $15, with a goal to increase it to $25 by 2025. ...
Boeing Labor Deal Promises 25% Pay Raise over the Next 4 Years
Boeing’s contract deal should settle matters between the organization and its workers, with the union satisfied with the proffered deal. ...
Aldi Makes Big Moves—Wages Increase, Hiring Surges
Aldi’s hiring surge and wage hike are a result of the company’s expansion plans to open 800 stores in the U.S. by 2028. ...
An Unpleasant First—Volkswagen Looks into Factory Closures
VW Germany plant closures would damage the spirit of its workers’ and sour relationships with union members who have previously been able to broker reasonable deals wit...
Hotel Workers Strike Across America—Hilton, Marriott, and Hyatt Affected
Over 10,000 hotel workers set out to demand better wages, fair staffing, and reasonable workloads from their employers. They also aim to negotiate a reversal of COVID-era...
Boeing Faces a Union Strike—Another Domino Threatens to Fall
The Boeing workers strike would be a first for the company in 16 years. Workers are demanding better wages and improved job security but Boeing has not been able to offer...
Fred Meyer Employees Strike Against Unfair Labor Practices
The Fred Meyer union strike is expected to extend beyond Labor Day. Over 4,500 workers are expected to be on strike across 28 stores in Portland. ...
Apple Announces Job Cuts in Its Digital Services Group
Apple services division layoffs have not been confirmed by the company but over 100 employees are rumored to have been affected. ...
Mastercard Layoffs—3% of the Workforce Will Leave by Sept 30
Despite impressive Q2 revenue results, Mastercard is moving forward with its workforce reduction plans to free up resources for other investments. ...
Starbucks Sued for Allegedly Stealing Coffee-Flavored Lipstick Idea
Starbucks has been sued for a third time by a company that accused the coffee chain of stealing its concept for coffee-flavored lipstick and lip gloss. Balmuccino has fi...
Sonos Layoffs Announced After Extensive Problems with Its App
Sonos’ layoffs have affected 100 employees across various departments as the company struggles with fixing their app and returning the business back to normal. ...
Round Two—Paramount Job Cuts to Affect 15% of the Workforce
As Paramount moves closer to a possible merger with Skydance Media, the company is gearing up to lay off 15 percent of its workforce. ...
2,450 Stellantis Factory Workers Face Layoffs
Stellantis is set to discontinue the production of the Ram 1500 Classic truck and workers are being let go as a result of the change. ...
CEO David Zaslav Faces Pressure as Warner Bros. Discovery Struggles
There is increased pressure on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders. Since merging Discovery with WarnerMedia in 2022 and immediately...
Boeing’s New CEO Ortberg Vows to Restore Trust and Reputation
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. Boeing’s...
Infineon Layoffs Plan Includes Job Cuts and Job Relocations
After unsatisfactory Q3 2024 revenue results, Infineon is moving forward with its layoff plans to ensure it can get back on track to meet its targets. ...
