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Daimler Reverses Brazil Truck Job Cuts by Reducing Hours Instead

2015-09-01 15:50:39| Automakers - Topix.net

Daimler AG reversed course on the 1,500 job cuts announced last week at its Brazilian truck-making division, saying it will scale back hours by 20% instead as demand shows no sign of improving. The agreement with local unions guarantees jobs until August 2016, and the Brazilian state will compensate employees for about half their lost pay, the Stuttgart, Germany-based company said in a statement Aug. 31. Workers at Daimler's factory in Sao Bernardo do Campo went on strike in response to the cuts originally proposed, which would have cost about 13% of the company's Brazilian workforce their jobs.

Tags: hours job instead brazil

 

Daimler Reverses Brazil Truck Job Cuts by Reducing Hours Instead

2015-09-01 15:11:13| Auto Dealers - Topix.net

Daimler AG reversed course on the 1,500 job cuts announced last week at its Brazilian truck-making division, saying it will scale back hours by 20% instead as demand shows no sign of improving. The agreement with local unions guarantees jobs until August 2016, and the Brazilian state will compensate employees for about half their lost pay, the Stuttgart, Germany-based company said in a statement Aug. 31. Workers at Daimler's factory in Sao Bernardo do Campo went on strike in response to the cuts originally proposed, which would have cost about 13% of the company's Brazilian workforce their jobs.

Tags: hours job instead brazil

 
 

Biotech Boom Over? 3 Health Care ETFs To Invest In Instead

2015-08-14 10:48:55| Biotech - Topix.net

The hot and the soaring biotechnology corner of the broad U.S. health care market endured a steep correction last week. In any case the space has long been guilty of overvaluation, with even the Fed chair Yellen pointing to it last year.

Tags: health care instead health care

 

he Can Host a Klaven Instead:

2015-07-04 22:53:01| Mobile Homes - Topix.net

NASCAR will not return to the Trump National Doral Miami resort for its postseason award banquets after Donald Trump's comments about Mexican immigrants this week. NASCAR spokesman David Higdon said the decision was made Friday to hold the sport's Xfinity and Camping World Truck series banquets at another location, as well as the Sprint Cup Series' championship weekend news conference event.

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Windows 10: Heres what Microsoft should have done instead

2015-06-09 17:00:24| Extremetech

What if Microsoft has it all wrong, and should have made Windows 10 the best desktop OS ever and given up on its dream of a single OS across every platform?

Tags: should windows instead microsoft

 

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