Nissan workers reject UAW in Mississippi
Offering a tough blow to the United Auto Workers (UAW), workers at a Nissan manufacturing facility in Mississippi voted overwhelmingly against the proposal to join the labor union.
Nissan told reporters that workers at its Canton, Mississippi, assembly plant voted “no” to the proposal of joining the union by a nearly 2-to-1 margin. A total of 2,244 of Nissan workers voted no, while 1,307 voted ‘yes’ to the proposal of joining the UAW.
The workers decision marked another high-profile defeat for the UAW in the south, where it has struggled to convince workers of the merits of labor unions.
Nissan said in a statement, “With this vote, the voice of Nissan employees has been heard. They have rejected the UAW and chosen to self-represent, continuing the direct relationship they enjoy with the company. Now that the election is complete, Nissan will focus on … building great vehicles and writing our next chapter in Mississippi.”
The Japanese auto giant also expressed expectation that the UAW would respect the worker’s decision and cease its efforts to divide the Nissan family.
It was the third time in nearly twenty years that Nissan workers in the South have voted against the proposal of joining the UAW. Previously, workers at a Nissan plant in Tennessee voted against joining the union by significant margins in 1989 and 2001.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.
Norway is planning to add additional tax burden on consumers planning to buy electric cars.
German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.
The International Monetary Fund (IMF) has raised growth outlook for global economy considering stronger growth and signs of recovery in many key markets. However, the IMF forecast has raised doubts over growth in India and the United Kingdom.