Volkswagen executives haul in the bulk of their compensation in annual bonuses that are tied to previous years’ performances, which might be why CEO Matthias Mueller is pushing for only a 30% cut. But the public reception to that has been chilly, at best....More
The cuts will affect about 750 employees, including an Indiana mill GM and the company’s two top safety managers. “This is a company in flux,” the United Steelworkers Local 1014 president wrote. “I wish I could tell you what the end game is.”...More
VW union leaders: “We have the impression that the diesel scandal is being used as a back door to undertake personnel cuts that wouldn’t have been on the agenda a few months ago. The brand’s management board lacks reliability.”...More
On average, employees cost businesses the equivalent of three months per year in lost productivity, according to a new GCC Insights report by Global Corporate Challenge (GCC).
GCC’s study on presenteeism – the phenomenon where employees show up for work but don’t perform at full capacity – included nearly 2,000 employees and validated against the World Health Organization’s (WHO) Workplace Health and Productivity Questionnaire (HPQ)....More
Celebrating a centennial of aviation, motorcycles, household utensils (the post-war years were not kind) and, of course, automobiles, BMW looks forward to its next 100 years — with and without actual driving....More
According to an internal document written by Volkswagen attorneys that tops 100 pages and offers a summary of the last six months, the company was caught off guard by the EPA going public when it did, and felt it could have cleared up allegations....More
The Plex Manufacturing Cloud is the first and only cloud ERP built for the tough requirements of today’s manufacturers. Over 400 innovative companies use Plex to operate their manufacturing businesses.
When Chuck Hull invented stereolithography in the early 1980s, he had some ideas about what it might spawn, but he could have never imagined the scope of the current 3D-printing world. Now the CTO of 3D Systems, the company he founded in 1983, Hull is the benevolent father figure of a booming industry....More