CITIBANK KOREA POSTPONES EXIT PLAN AGAIN

HIGHLIGHTS

• Citibank Korea has postponed its decision on exit plan for the second time.
• Citibank was earlier planning to stop its retail business operations in South Korea.
• Citibank apparently failed to agree on sales terms with potential bu...

“UNIONS PUT POWER IN HANDS OF WORKERS” SAYS PRESIDENT BIDEN TO SUPPORT UNION DRIVE AT AMAZON

Highlights

• In order to support the union drive at an Amazon fulfilment center in Bessemer, Alabama, the President of the United States, Joe Biden released a video statement on Sunday night

• The Democratic leader also had a word directly with the employers who were...

AMAZON WORKERS START VOTING TO DECIDE FATE OF US UNION

Highlights

• If majority is in the favour of this move, this would lay foundation of one of the biggest union in the United States at the company, which is second-biggest employer here

• Ever since the pandemic started wreaking havoc across the country, there have be...

‘ALPHABET WORKERS UNION': U.S. GOOGLE EMPLOYEES FORM LABOR UNION

Highlights

• This labor union known as the “Alphabet Workers Union” has been formed to promote workplace equity and ethical business practices

• It will collect dues of 1 percent of total compensation from members and these funds will cover paid organizer...

KIA MOTOR UNION WORKERS AGREE TO ACCEPT NEW THE ANNUAL WAGE DEAL

Highlights –

• Kia Motor union workers agree to accept the new annual wage deal.
• The company has also agreed to restore the 25-minute extra work system.
• Around 58.6 percent of the union workers agreed to the management’s proposals...

GM is going to halt Ohio plant’s production on Wednesday

The eminent name in the automotive industry, General Motors would stop their Chevrolet Cruz production that was going on at the Ohio manufacturing plant in the area of Lordstown. The firm has its intention to keep the production of its goods only until Friday. A spokesperson of the General Motors cl...