Labor & Human Resources

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  • Newswire

    UPDATE 4-Ford, Toyota halt some South African output due to strike  

    * NUMSA strike affects Ford's Pretoria plant * Toyota says to halt some production from Tuesday * NUMSA, employers expected to meet on Monday * Smaller UASA union says likely to accept offer this week (adds Mercedes Benz, NUMSA and industry comments) By Wendell Roelf...More
  • Newswire

    Ford Says Strikes Won't Weaken Ties to South Africa  

    The U.S. automaker's regional chief, Jeff Nemeth, says a strike that has shut down General Motors production in the country and could expand to Ford hasn't shaken his company's "long-term commitment to South Africa."...More
  • Newswire

    REFILE-GM Korea CEO warns of output cut as strike vote looms  

    (Refiles to restore dropped letter in seventh paragraph) SEOUL, July 8 (Reuters) - General Motors' South Korea chief warned employees that a potential strike could lead to further production cuts in one of its major Asian manufacturing bases, according to an email sent to staff and obtained by Reuters. GM's 15,000 unionised workers in South Korea plan to cast ballots on Tuesday and Wednesday on whether to stage a strike for a fourth consecutive year, signalling a resurgence of summer labour unrest in the country's auto industry....More
  • Newswire

    Ford CEO Fields In Line for 9% Salary Increase  

    The automaker says that, in addition to stock options and a performance-based bonus, Fields' base salary will be $1.75 million this year, up from $1.6 million last year when he was chief operating officer....More
  • Newswire

    CORRECTED-Peugeot expects 2,500 early retirements in 2014-15  

    (Corrects 2013 payroll to 15.1 pct of revenue in paragraph 2) PARIS, June 26 (Reuters) - PSA Peugeot Citroen said on Thursday that up to 2,500 older French workers will leave the carmaker's payroll in 2014-15 as it cuts headcount under a deal struck with unions last year. Paris-based Peugeot, which employs some 70,000 people in France, has pledged to cut payroll costs to 12.5 percent of group revenue by 2016 from 15.1 percent last year, under the "Back in the Race" recovery plan unveiled in February....More
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