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Mercedes-Benz settles alleged union-busting case
Mercedes-Benz has reached a settlement with the National Labor Relations Board, agreeing not to make anti-union threats following the UAW’s unsuccessful attempt to organize at its Vance, Alabama, plant. The settlement requires Mercedes to inform employees of their union organizing rights. A notice to be distributed states: “WE WILL NOT threaten you with the closure…
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Seoul court rules on rescinding of job within minutes
A Seoul Administrative Court has ruled that rescinding a job offer just four minutes after it was granted constitutes unfair dismissal. The case involved an applicant who received a job offer via text from the company’s CEO, only to have it cancelled shortly after. “Once an employment contract is formed by a notice of acceptance,…
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Overhauled visa system to get its first major test
The Trump administration’s changes to the U.S. visa system for highly skilled immigrants are set to be tested with the upcoming H-1B lottery. This year, sponsors must pay a $100,000 fee, which is expected to disadvantage IT consulting firms that have previously dominated the visa allocation. “This is going to be a bit of a…
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Labor productivity surges on investment in AI
Labor productivity increased by 2.8% in the fourth quarter, surpassing forecasts and marking the strongest growth in five years, according to the Bureau of Labor Statistics. The rise in productivity, which reflects nonfarm employee output per hour, is attributed to companies investing in technology to enhance efficiency and manage labor costs. “The labor market is…
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Citi’s investigation unit described as ‘internal hit squad’
A Citigroup executive who is suing the bank for sexual harassment has described the lender’s investigations unit as “HR’s internal hit squad.” Ardith Lindsey claims that the Citi Security and Investigative Services (CSIS), which employs former FBI agents and prosecutors, twisted her confidential statements to be used against her. “Citi’s CSIS operates as HR’s internal…
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JPMorgan and Citi ask Middle East staff to work from home
JPMorgan and Citigroup employees in the Middle East have been asked to work ?from home amid escalating local tensions, according to two sources familiar with the matter. Both U.S. lenders say they do not expect disruptions to their operations in the region due to the U.S.-Israeli air war ?against Iran, said the ?sources. “We ?are…
