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As Tesla Stock Tanks, Musk Has a Message for Staff

CEO assures employees that, one day, 'Tesla will be the most valuable company on Earth!'

(Newser) - Short sellers are celebrating Tesla's plummeting stock prices , but investors aren't happy, and they're now begging CEO Elon Musk—who's sold off billions of dollars worth of his shares to help fund his newest company, Twitter—to stop dumping his stock. Tesla employees are also likely...

Starbucks Workers Kick Off 3-Day Strike Across US

This walkout to support unionization follows a one-day strike in November

(Newser) - Starbucks workers around the US are planning a three-day strike starting Friday as part of their effort to unionize the coffee chain's stores. More than 1,000 baristas at 100 stores are planning to walk out, according to Starbucks Workers United, the labor group organizing the effort. The strike...

They Make $150 World Cup Jerseys for $2 Per Day

'NYT' highlights rights abuses of garment workers producing apparel for Adidas, Nike

(Newser) - An estimated 5 billion people, or more than 60% of the world's population, are expected to tune in to the World Cup. Many of them will be decked out in national team jerseys from companies like Nike and Adidas, the tournament's official outfitter. But at what cost? As...

One Theory on the Big Jump in Workers With Disabilities

Fed report suggests long COVID is the driver

(Newser) - Take a look at Axios' chart of how many disabled Americans are in the US workforce, and you'll see a decade where the number mostly fell between 4 million and 5 million. But since 2020 it's been a steady climb from just below 5 million to 5.73...

Two Dirty Words in Modern Workplace: 'pls fix'

'Wall Street Journal' digs into the phrase dreaded by young professionals

(Newser) - This year, the phrase "quiet quitting" has entered the workplace lexicon, as has its opposite, "overemployed." Now the Wall Street Journal digs into another new workplace phrase, one dreaded by young professionals: "pls fix." As in, that terse phrase shows up in emails at all...

Google Workers Fret After Ominous Words From CEO

Pichai warns that productivity is lacking, company isn't 'immune to economic headwinds'

(Newser) - It's been a worrisome few weeks for Google, as profits dipped for the second quarter in a row and hiring was temporarily paused. Now, CEO Sundar Pichai has put out an alert to employees, seeking ideas to boost efficiency and up productivity and warning of an economy that doesn'...

Amazon's Staff Turnover Rate May No Longer Be Sustainable

Internal memo reveals fears of exhausting available US labor pool by 2024

(Newser) - With its sky-high staff turnover rate, Amazon fears it could run out of US workers by 2024, an anxiety that could force higher wages or increased automation. That's according to leaked internal research from mid-2021 as seen by Recode . "If we continue business as usual, Amazon will deplete...

A Case for Ditching the Career to Embrace 'Lying Flat'

Cassady Rosenblum writes about the movement in essay for 'NYT'

(Newser) - "Work has become intolerable. Rest is resistance." That's the message of the "lying flat" movement that kicked off in China in April and is now starting to take hold globally as a pushback against the 24/7 hamster wheel of capitalism, detailed in Cassady Rosenblum's op-ed...

In Iceland, Shorter Workweek an 'Overwhelming Success'

Workers who put in 35-36 hours instead of 40 were happier, more productive, per 4-year experiment

(Newser) - Iceland always seems to fall near the top of most "happiest nations" lists, and this experimentation with a shorter workweek may have just cemented its spot. For four years, between 2015 and 2019, more than 1% of the nation's workforce (2,500 workers or so) from all types...

In Surprise Move, Google Workers Form a Union

It's seen as a Silicon Valley first

(Newser) - The words "labor union" and "Silicon Valley" don't usually go together, but that has just changed in a notable way. More than 200 workers at Google have formed a union affiliated with the Communications Workers of America, reports CNBC . The Hill sees it as a "historic...

Trump Funeral Guest Hit Restaurant Worker: Report

Seems it all went down at a Fig & Olive restaurant

(Newser) - Looks like someone in Robert Trump's funeral party got upset Friday night and punched a restaurant worker in the nose, Fox 5 DC reports. NBC News correspondent Geoff Bennett tweeted that he confirmed the assault at a Fig & Olive restaurant in DC: The unnamed mourner "blindsided one...

Factory With 'Heartbreaking' Virus Count Is Shut Down

Los Angeles Apparel is closed until it complies with public health mandates

(Newser) - A Los Angeles clothing factory with four coronavirus deaths and 300 confirmed cases has been shut down, CNN reports. County health officials said Friday the Los Angeles Apparel facility had violated mandatory health orders and refused to let health inspectors inside. "The death of four dedicated garment workers is...

It's by Far the Worst String of Layoffs on Record

4.4M more file for unemployment benefits, bringing total to 26M over 5 weeks

(Newser) - More than 4.4 million laid-off workers applied for US unemployment benefits last week as job cuts escalated across an economy that remains all but shut down. Roughly 26 million people have now filed for jobless aid in the five weeks since the coronavirus outbreak began forcing millions of employers...

'Worst-Case' Situation Spurs Creativity at Shutdown Bar

Owner decided to tear cash off establishment's walls to pay laid-off staffers

(Newser) - "We always had an inside joke: 'If anything goes bad, at least we have the money on the wall,'" Juliana Sodre tells Business Insider . Sodre, the co-owner of the Hott Leggz bar in Fort Lauderdale, Fla., adds that her establishment is now indeed facing such a...

A Bookstore Laid Off Hundreds. Then, This Took Its 'Breath Away'

Powell's, popular indie chain in Oregon, rehires more than 100 workers due to online ordering boom

(Newser) - A popular indie bookstore chain in Portland, Ore., let go most of its staff—more than 300 employees—earlier this month because of the coronavirus outbreak. Now, per the Los Angeles Times , Powell's has hired back more than 100 of those workers, thanks to a surge in buying books...

UK Employers Get Ominous on New Immigration Rules

British businesses worry that keeping 'low-skilled' workers out will adversely affect various industries

(Newser) - Vegetables rotting in the fields, food going unprocessed, the elderly and disabled left without care. That's the alarming picture painted by some British employers about the impact of new UK immigration rules set to be introduced in less than a year, per the AP . Farms, food factories, and care...

America Got a Bigger Raise Than It Realized
America Got a Bigger
Raise Than It Knew
editorial

America Got a Bigger Raise Than It Knew

Seems US wage growth was higher than we realized

(Newser) - Feeling down about politics? The Wall Street Journal 's editorial board offers a shot in the arm: Updated economic data shows that American wages are rising more than we knew. Released by the Bureau of Economic Analysis earlier this week, the numbers reveal that worker compensation jumped 4.5%...

Chinese Company Forced Workers to Eat Roaches

3 managers jailed over bizarre punishments

(Newser) - Sales staff at a home renovation company in the Chinese city of Zunyi had a choice: Meet their sales targets, or face punishments including being forced to eat cockroaches and drink urine. Police investigated the company after reports and video surfaced of the cruel and bizarre punishments, the BBC reports....

Amazon: Workers Taking Bribes From Desperate Sellers

Amazon employees, mainly in China, are offering data in exchange for money, sources say

(Newser) - To best hawk a product on Amazon, third-party sellers hope for a coveted spot on the site's first page of search results, a ranking that's boosted by positive reviews. Sources tell the Wall Street Journal those rankings could be affected by "illicit transactions" between sellers and Amazon...

Facebook's Move Against Hate Speech, With 500 New Helpers

A new law would fine social networking sites for failing to remove content

(Newser) - Facebook is adding 500 more contractors in Germany to review content posted to the social media site, after a new law came into force targeting online hate speech, the AP reports. The company says the staff will work for a service provider called CCC at a new office in the...

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