EADS clears Airbus restructuring plan: job cuts, divestments could face resistance from labor unions

Article Abstract:

The restructuring of aircraft manufacturer Airbus S.A.S. has been approved by parent company EADS N.V. Labor unions, which must be consulted under European law, are expected to oppose the plan, which includes job cuts and outsourcing.

Organizational history, Aircraft, Netherlands, France, Aircraft industry, Company restructuring/company reorganization, Reorganization and restructuring, Airbus S.A.S., Company organization, European Aeronautic Defence and Space Company EADS N.V.

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Daimler's two big unions tangle: labor split could hamper efforts to shed Chrysler; a parts firm's possible bid

Article Abstract:

The acquisition of Chrysler by General Motors Corp. is being opposed by DaimlerChrysler AG's union leaders. Canadian auto parts supplier Magna International Inc. is also interested in acquiring the Chrysler division.

Motor vehicles and car bodies, Acquisitions & mergers, Motor vehicle parts and accessories, TRANSPORTATION EQUIPMENT, United States, Canada, Automobile equipment and supplies industry, Automotive parts industry, Germany, Mergers, acquisitions and divestments, Company acquisition/merger, Automobile industry, General Motors Corp., GM, Transportation equipment industry, Magna International Inc., Daimler AG, Chrysler L.L.C.

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Worker unrest grows across South Korea

Article Abstract:

Fifty thousand workers from the Korean Confederation of Trade Unions have gone on strike in South Korea. The strike comes as the country experiences growing labor unrest that is impacting its production.

South Korea, Strikes, Workers, Korean Confederation of Trade Unions

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