White-collar workers face job cuts and shrinking paychecks even in go-go industries like technology, suggesting the economic pain is broader than official figures show.
Tag: Factories and Manufacturing
Made on the Inside, Worn on the Outside
Brands are using prison labor to provide inmates with jobs and training. But is it possible — and ethical — to build a profitable fashion business behind bars?
Bangladesh Fire Tears Through Crowded Neighborhood, Killing 70
The fire broke out at a building in a centuries-old neighborhood, and reports said flammable materials had been stored at the site.
Honda Confirms Plan to Leave Britain as Brexit Looms
The Japanese automaker, which employs 3,500 at its Swindon, England, plant, is set to close the site by 2021.
Apple Takes a Hit in China, and Workers There Feel the Pain
Chinese factories, which have long made goods for the world, increasingly make stuff for the country’s own middle class. When those spenders hold back, local workers can suffer.
The New New World: China Transforms, and a Factory Owner Struggles to Follow
Shao Chunyou rose from the assembly line to the boss’s office. Now the old recipes for success don’t work, and he must reinvent himself again.
China’s Economy, by the Numbers, Is Worse Than It Looks
New figures suggest the economic outlook may be improving but that growth has slowed more than the headline figure shows.
U.K. Businesses Sound the Alarm While Planning for a No-Deal Brexit
Carmakers say they will idle their factories to ward off supply chain problems and the police have advised retailers to increase their security.
Europe and U.S. Agree on Chinese Threat, but Are Too Busy Feuding to Fight It
America and Europe have similar concerns about Chinese economic expansionism. But they have been unable to define a strategy when they are also fighting each other.
Canada Letter: Canada Faces a New Challenge as a Century of Automaking Ends
Both Prime Minister Justin Trudeau and Premier Doug Ford of Ontario pledged to help jobless G.M. workers in Canada. But what aid they can truly offer is unclear.