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Walmart Canada invests C$92m in worker pay increases
Walmart Canada is to invest an additional C$92m ($68.39m) in pay increases for hourly retail and frontline workers. The fresh investment comes on top of an initial C$53m in July. The retailer added it is also prioritizing investments in skills training and education offerings at no cost to the associates. In other Walmart Canada news,…
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RBC bankers fear layoffs as pledge to keep HSBC staff nears end, sources say
Employees of the Royal Bank of Canada (RBC) who transitioned from HSBC Canada are increasingly anxious as the six-month job guarantee linked to their acquisition nears its end. According to sources, while RBC has successfully placed nearly 80% of the 4,500 former HSBC staff, many remain uncertain about their roles and responsibilities. Toronto-based employment lawyer…
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U.S. ports threatened with strikes
As many as 45,000 dockworkers at major eastern and Gulf coast ports are poised to strike on October 1 due to stalled negotiations since June. The potential strike could cost the economy up to $7.5bn, disrupting the supply of consumer goods and components critical to manufacturing, particularly in election battleground states. Harold Daggett, leader of…
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Samsung warns striking Indian workers as row escalates
Samsung Electronics is facing escalating tensions with its workers at a plant near Chennai. They have been on strike since September 9, demanding higher wages and union recognition. The plant contributes about a third of Samsung’s annual revenue in India, which totals $12bn. In an email to striking employees, Samsung’s HR team wrote: “You shall…
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Tesla’s Supercharger expansion slows amid layoffs
Tesla’s Supercharger network expansion has slowed, with new charger installations down 28% from May to August compared to last year, following widespread layoffs in April. The company is now rebuilding its team but faces challenges as it prepares to meet rising demand from non-Tesla drivers, including Ford and Rivian customers. Tesla chief executive Elon Musk…
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Amazon increases average pay for warehouse workers
Amazon is raising pay for its hourly warehouse workers from around $20.50 to more than $22, and is also adding Prime memberships to their benefits. Logistics chief Udit Madan said the additional $2.2bn investment in pay and benefits is the company’s largest ever. The online retailer also announced that its next Prime Day sales event…
