Corporate News Update: Amazon Strikes, Foxconn's Deal, and Volkswagen's Labor Agreement

Reported 2 days ago

Amazon employees in four states have launched a strike following the company's refusal to negotiate with the International Brotherhood of Teamsters, which Amazon claims does not represent its workforce. Meanwhile, Foxconn is reportedly in talks to acquire shares from Renault in Nissan, amid Nissan's exploration of merger opportunities to tackle financial issues. Additionally, Volkswagen is nearing a labor agreement to secure German factory jobs until 2030, although this may involve workers giving up their bonuses.

Source: YAHOO

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