China’s Geely Holding-owned Volvo Cars will temporarily stop production at its Swedish plant in Gothenburg because of a shortage of semiconductors. A global crunch of chips has hit carmakers hard, with many forced to cut down on production. Electronic device makers are also struggling to keep up with a pandemic-led demand for gaming consoles, phones,…
On Tuesday, Nissan Motor Co stated, it would temporarily shutter its operations, including its global headquarter and other facilities in Japan, through early May. The step is aimed at containing the spread of the coronavirus at its facilities. Nissan Motor said, it would reduce its operations to minimum level at its head office in Yokohama…
On Wednesday, Fiat Chrysler said, it is considering the temporarily closure, of some of its plants in Italy in response to the coronavirus outbreak – the largest in Europe. FCA also mentioned, it had boosted and intensified measures across its facilities to support the Italian government’s directives to curb the spread of China’s coronavirus.
The increase in minimum wages will benefit around 350,000 employees in the U.S. On Tuesday, Amazon stated, starting from November 1, 2018, it will increase its minimum wages to $15 per hour for all of its seasonal, temporary, part time and full-time U.S. employees. The development comes in the wake of the “Fight for Fifteen”…
The usage of temporary workers at Foxconn’s plants have been an issue that has dogged the world’s largest contract manufacturer for many years now. Following a report by a U.S. watchdog that working conditions at one of Foxconn’s factory in China, which makes devices for Amazon, was harsh, Foxconn, also known as Hon Hai Precision…
business-gurus.com 