Finnish shipbuilder Meyer Turku has concluded the first phase of employee cooperation negotiations (YT negotiations) that will result in the permanent layoff of 166 people. The post Meyer Turku…
https://www.offshore-energy.biz/meyer-turku-announces-first-phase-of-layoffs/
Industry downturns caused by the coronavirus pandemic cost an additional 462 people their jobs, according to a new round of worker reduction notices to state officials on Friday.
According to reports, Spirit AeroSystems Inc., Basic Energy Services LP and Exterran Energy Solutions are among the transport and manufacturing industries that have conducted layoffs in recent days.
Spirit AeroSystems Inc. said it will be permanently closing it’s San Antonio manufacturing plant due to the grounding of...
https://s29755.pcdn.co/news/more-freight-related-layoffs-hit-texas
Mack Trucks is laying off 450 salaried workers at its North Carolina headquarters as part of global downsizing by Swedish parent Volvo Group (OTC: VLVLY). But it is holding the line for now against trimming more production jobs in Pennsylvania.
Even before the COVID-19 pandemic erased seven weeks of production in the second quarter, Mack expected a 30% decline in business following strong results in 2018 and 2019.
The projected decline is now “significantly sharper,” Mack spokesman Christopher...
https://s29755.pcdn.co/news/mack-trucks-cutting-450-salaried-jobs
Volvo Group (OTC: VLVLY) reported a 38% decrease in second-quarter sales as the COVID-19 pandemic racked its truck, bus and construction equipment units.
The Swedish parent company of Volvo Trucks North America and Mack Trucks said the temporary layoffs of 4,100 white-collar workers during the quarter are now permanent.
Net sales of SEK 73.2 billion ($8.1 billion) compared to SEK 120.7 billion ($13.3 billion) in the same period a year ago. Adjusted operating income was SEK 3,272 million ($361.6...
https://s29755.pcdn.co/news/volvo-reports-38-drop-in-q2-sales
United Airlines said Friday that it will lay off more than 4,700 workers in Houston and Dallas beginning Oct. 1, according to its Worker Adjustment and Retraining Notification (WARN) Act notice filed in Texas.
The layoffs come as United said on Wednesday it could cut as many as 36,000 employees nationwide — nearly 40% of its workforce — due to the pandemic, which has crippled air travel globally.
“The COVID-19 pandemic has caused so much change in our personal and professional lives and will...
https://s29755.pcdn.co/news/united-airlines-to-cut-4700-employees-in-houston-dallas
Danish ferry and logistics company DFDS will lay off around 650 people in the coming […] The post DFDS lays off 650 employees appeared first on Offshore Energy.
https://www.offshore-energy.biz/dfds-lays-off-650-employees/
With Texas under a renewed shelter-in-place order because of a surge in coronavirus infections, Navistar International Corp. (NYSE: NAV) broke ground virtually for a $250 million assembly plant in San Antonio.
The expected 600 new jobs “fuel Texas’ COVID-19 recovery by providing great job opportunities to our diverse and highly skilled manufacturing workforce,” said Gov. Greg Abbott, who on Thursday halted business reopenings in Texas.
The Manufacturing 4.0 plant draws lessons from TRATON Group,...
https://www.freightwaves.com/news/navistar-goes-virtual-for-texas-plant-groundbreaking
Citing economic challenges tied to the “coronavirus natural disaster,” Stone Trucking Company said it will shut down and lay off 51 employees in Tulsa, Oklahoma.
Company officials cited the coronavirus’ impact on the oil and gas industry as the reason for the closure, as well as the “recent failure of an opportunity to sell the company to allow for continued operations.”
“We were unable to provide more advance notice of this action because these circumstances were not reasonably foreseeable...
https://www.freightwaves.com/news/oklahoma-trucking-company-shuts-down-citing-coronavirus-disaster
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The recent announcement of massive layoffs and the closure of 45 offices at Uber Technologies – and in particular, its CEO’s stated commitment to re-evaluating non-core, cash-burning businesses like Uber Freight – set the logistics world abuzz.
However, I would argue that it’s not in the way contributor Ryan Schreiber described. As he makes the case for Uber as an...
https://s29755.pcdn.co/news/commentary:-uber-freight-shows-importance-of-people-in-logistics
Domestic airlines this week announced plans to permanently eliminate large numbers of management and administrative jobs as a prelude to even larger reductions in frontline forces. But United Airlines (NASDAQ: UAL) CEO Scott Kirby dismissed furloughs as an a primary option, saying they are a temporary solution that undermines the ability to capitalize on growth opportunities when coronavirus fears subside and travel takes off again.
No one knows when strong demand will return, so United’s...
https://s29755.pcdn.co/news/with-eye-on-rebound-united-looks-for-alternative-to-furloughs