Labor economy

Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion electric vehicle battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023.Michael Wayland/CNBCDETROIT — Ford Motor confirmed Monday it will carry out layoffs this week, primarily affecting engineering jobs in the U.S. and Canada, as the automaker seeks billions in cost-cutting measures as it restructures its business operations.The job cuts are expected to affect all three of Ford's…

A worker directs a Southwest Airlines Co. Boeing 737 passenger jet pushing back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021.Luke Sharrett | Bloomberg | Getty ImagesSouthwest Airlines said Friday that it has reached a tentative agreement with the union representing its mechanics, aircraft inspectors, maintenance controllers and training instructors.The agreement, which covers more than 2,800 employees, would still need to be approved by those workers."Our Mechanics…

Some organized Starbucks stores will strike across the U.S. starting Friday in Seattle after the coffee giant and the union representing baristas publicly clashed over claims that the company was not allowing Pride month decor in cafes.The union, Starbucks Workers United, said more than 150 stores representing nearly 3,500 workers have pledged to join the strikes, which will take place over the next week. More than two dozen additional stores are voting on strike authorizations and the count could rise to nearly 200…

Airplane fuselages bound for Boeing's 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019.Nick Oxford | ReutersBoeing supplier Spirit AeroSystems halted work at a Wichita, Kansas plant on Thursday after workers voted against a new labor deal and for a strike. Spirit makes fuselages for Boeing's 737 Max and makes parts for other aerospace manufacturers including Airbus."In light of the decision to strike by Spirit…

Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade on June 12, 2022 in the Hollywood section of Los Angeles, California.David Mcnew | Getty ImagesStarbucks Workers United said Tuesday that dozens of the coffee chain's U.S. stores aren't allowing employees to decorate for Pride month.Starbucks said in a statement to CNBC that the company unwaveringly supports the LGBTQ+ community and hasn't changed its policies for store decorations."There has been no…

Trucks come off the assembly line at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | ReutersDETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup trucks at a plant in Indiana.The investment is the automaker's third such announcement in the past week involving GM's next-generation large trucks and SUVs, which are based on the same vehicle architecture and share some internal parts. The…

Shipping containers are seen at a terminal inside the Port of Oakland.Carlos Barria | ReutersWest Coast ports are shutting down as union workers "no show" after a breakdown in negotiations with port management.The Port of Oakland was shut down Friday morning due to insufficient labor for terminal operations, a stoppage that is expected to last at least through Saturday. A source close to the situation told CNBC the port shutdowns are expected to spread across the West Coast as a result of lack of sufficient labor as…

United Auto Workers members on strike picket outside General Motors' Detroit-Hamtramck Assembly plant on Sept. 25, 2019 with Vermont Sen. Bernie Sanders (far left) in Detroit.Michael Wayland | CNBCDETROIT – The United Auto Workers union appears ready to take a hard line when it comes to national negotiations this year with the Detroit automakers, warning of strikes or work stoppages, if needed.UAW leaders publicly laid out their top bargaining issues Wednesday night, including reinstatement of a cost-of-living-adjustment…

Dollar General shareholders passed a resolution Wednesday to create an independent audit into worker safety, as the retailer faces mounting pressure to improve conditions. The proposal, brought by Domini Impact Investments, asked Dollar General's board to commission an independent, third-party audit that would examine the company's policies and practices and how they affect the safety and well being of workers. It recommended the audit include an evaluation of practices that contribute to an unsafe or violent environment,…

A Bowlero executive publicly addressed the sprawling federal discrimination probe the company is facing for the first time Wednesday after it reported another quarter of what it called record-breaking growth. Brett Parker, the company's outgoing chief financial officer and longtime number two to CEO Thomas Shannon, was asked about the investigation during an earnings call. The question came about a week after CNBC revealed authorities want to settle the investigation for $60 million. "There's been quite a bit of noise…