Roula Khalaf, Editor of the FT, curates the Unlock the Editor’s Digest, featuring her favorite stories weekly. Volkswagen is planning to close at least three German plants, cut tens of thousands of jobs, and reduce pay by 10%, sparking a battle with unions. Facing pressure from competition, slowing sales, and the shift to electric vehicles, VW warns of the need for drastic measures, as talks with the works council continue amidst threats of strikes.
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Judges order US government to rehire thousands of workers
Two federal judges have ordered the Trump administration to rehire tens of thousands of government employees terminated in recent weeks, citing breaches of rules surrounding mass layoffs. Maryland district judge James Bredar and San Francisco district judge William Alsup issued temporary restraining orders directing reinstatement of probationary employees across various federal agencies, challenging Elon Musk's cost-cutting efforts. The judges found that the firings lacked cause and proper notice, prompting the Trump administration to clarify directives...
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