Boeing Faces Delivery Decline Amid Safety Concerns
In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.
UPS Implements Staff Reductions and Shift Cuts Across Multiple States Amidst Decreased Package Demand
UPS is scaling back package sorting shifts and reducing staff at facilities in Connecticut, Maryland, and Oregon due to decreased demand for package delivery.
Key Supply Chain Insights from Foot Locker's COO at Manifest Vegas 2024
In the ever-evolving world of supply chain management - Elliott Rodgers, EVP and COO at Foot Locker - emphasizes four crucial skills to ensure organizational success: comfort with uncertainty, global awareness, effective communication, and strong leadership.
Massive Lufthansa Strike Disrupts Over 100,000 Passengers
Over 100,000 passengers are in for a bumpy ride due to a strike by Deutsche Lufthansa AG ground personnel.
ATI Pilots' Union Pushes for Improved Contract Amid Amazon's Rapid Growth
In a recent interview, the chair of the pilots' union at Air Transport International (ATI), a key air carrier in Amazon's delivery network, expressed frustration over delayed contract negotiations.
More Layoffs at Flexport as the Cost-Cutting Strategy Continues
Flexport, the supply chain logistics firm, is undergoing its third round of layoffs in about a year, reducing its workforce by approximately 15% as part of cost-cutting measures to achieve profitability.
Boeing CEO Promises Employee Rewards for Safety Reporting Amid Production Scrutiny
Boeing's CEO, Dave Calhoun, has pledged to reward employees who report problems in the company's production processes.
UPS Plans to Cut 12,000 Jobs in Cost-Saving Effort Amid Revenue Decline
UPS is set to cut 12,000 jobs in a cost-saving move aimed at reducing expenses by $1 billion.
JetBlue Faces Challenges in Fourth Quarter
JetBlue Airways faced a loss in the fourth quarter and anticipates reduced capacity in the coming year as it strives to regain profitability.
Stellantis' Workforce Changes Spark Concerns and Union Opposition
Stellantis has made a significant announcement about the separation of 539 supplemental employees from its U.S. manufacturing operations, a move that has sparked concerns, especially from United Auto Workers (UAW) President Shawn Fain.
Former Kansas City Southern CEO Joins J.B. Hunt's Board
J.B. Hunt Transport Services has welcomed former Kansas City Southern President and CEO Patrick Ottensmeyer to its board, expanding the board to 10 seats.
Citigroup to Lay Off 20,000 Employees Following Worst Quarterly Loss in 15 Years
Citigroup is set to trim its workforce by 20,000 employees over the next two years, according to CFO Mark Mason, following a dismal fourth quarter in 2023 where the bank reported a net loss of $1.8 billion, its worst in 15 years.
SpaceX Accused of Illegally Firing Employees
Federal labor officials have accused SpaceX of unlawfully terminating eight employees who circulated a critical letter about the company's CEO, Elon Musk.
Costco CEOs Reflect on Unionization Vote in Candid Letter to Employees
Costco's current and former CEOs, Craig Jelinek and Ron Vachris, responded to a Virginia warehouse's recent unionization vote with a candid letter to employees.
Tesla Raises Wages for Hourly Workers Amidst Unionization Pressures
Tesla is increasing wages for hourly employees at its Sparks, Nevada, battery factory, with low-end hourly wages rising from $20 to $22 (a 10% increase) and high-end wages increasing from $30.65 to $34.50 (a 12.5% increase).
Spanish Amazon Workers Plan Strike Over Wages Ahead of Epiphany Holiday
Spanish workers at an Amazon logistics center in northern Spain, near the border with France, are planning a three-day strike from January 3 to 5 ahead of the Epiphany feast day.
GM Fires Nine Executives at Cruise Following Pedestrian Accident
General Motors (GM) has fired nine executives at its autonomous vehicle subsidiary, Cruise, following a pedestrian accident in San Francisco.
German Union IG Metall Rejects IF Metall's Strike Call Against Tesla Sweden as Illegal
German trade union IG Metall has rejected Swedish union IF Metall's call for a strike against Tesla Sweden, deeming it illegal.
Sam Altman's Leadership Style Under Scrutiny After Manipulative Tactics and Board Clash at OpenAI
In the aftermath of Sam Altman's brief ousting from OpenAI, new insights into his leadership style have emerged.
Nonunion Automakers Announce Pay Raises Amid UAW's Expanding Influence
Major automakers like Toyota, Nissan, Honda, and Subaru have announced significant pay raises for their U.S. workers despite not being covered by United Auto Workers (UAW) contracts.