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November 20, 2024

Today in 2008
The Great Recession hits high gear when the stock market falls to its lowest level since 1997. Adding to the mess: a burst housing bubble and total incompetence and greed — some of it criminal — on the part of the nation’s largest banks and Wall Street investment firms. Officially, the recession lasted from December 2007 to June 2009, but unemployment still hovers around the seven percent mark today. ~ Labor Tribune

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Stellantis Lays Off 1,100 Auto Workers in Toledo
Posted On: Nov 18, 2024
Nov. 18, 2024 | JOBS | Following a disturbing trend of recent auto worker layoffs, auto giant Stellantis notified 1,100 Toledo workers, members of UAW Local 12, that they will be indefinitely laid off. These layoffs at the Toledo Assembly Plant, where they produce the Jeep Wrangler, Jeep Wrangler 4xe, and Gladiator, are coming after cutting jobs at Warren Truck in southeast Michigan, where they build the Tradesman pickup truck . … Stellantis is also trying to move the Dodge Durango out of the U.S. to a plant in Windsor, Ontario. The union has had enough with the broken promises, they said, and are ready to engage in strike activity to hold the company accountable to its end of the bargain. Peoples World
 
 
Teamsters Local 355
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