Volkswagen plans to close factories and lay off tens of thousands of workers Money news – Uptrends

Volkswagen plans to close factories and lay off tens of thousands of workers Money news

 – Uptrends

Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. The rest of its plants are in Germany It is also scheduled to downsize, according to the head of the company’s business council, Daniela Cavallo. Europe’s largest carmaker has spent weeks negotiating with unions over its plans … Read more

Boeing workers reject latest offer as company says it loses tens of millions every day | Business News – Uptrends

Boeing workers reject latest offer as company says it loses tens of millions every day | Business News

 – Uptrends

Boeing employees have rejected a recent 35% pay rise, committing to more strikes as the company faces huge losses and delivery delays. As many as 33,000 workers at Boeing plants in Washington state, Oregon and California rejected a proposal to raise wages by just over a third over four years, with their union saying “after … Read more