article thumbnail

Apple’s supplier Salcomp plans to double its workforce in India

Allwork

The post Apple’s supplier Salcomp plans to double its workforce in India appeared first on Allwork.Space.

Suppliers 264
article thumbnail

Major Japan Firms Agree To Big Wage Hikes Amid Labor Shortages

Allwork

Major Toyota auto parts supplier Denso also plans record pay hikes while Toyota said the combined increase in pay for manufacturing staff would match that of last year, which was the highest since 1999. Economists expect Japan Inc’s average pay hike for 2025 to be similar to last year’s 5.1%

Suppliers 237
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tourism Decline Threatens Over 230,000 U.S. Jobs

Allwork

tourism sector is facing a sharp decline in 2025, with job losses expected to reach more than 230,000 as international visitors stay away. As spending declines in tourism-heavy sectors, businesses such as advertising firms, law offices, banks, insurance companies, and food suppliers could face reduced demand.

Travel 222
article thumbnail

GE Aerospace To Invest Nearly $1 Billion In U.S. Manufacturing This Year

Allwork

factories and supply chain in 2025, as it works to strengthen its manufacturing and increase the adoption of new technology and parts. GE Aerospace said on Wednesday it would invest nearly $1 billion in its U.S.

Suppliers 162
article thumbnail

U.K. Manufacturing Index Sends Mixed Signals As Jobs Hit Lowest In 5 Years While Optimism Rose

Allwork

Firms told S&P Global that suppliers were putting up their prices ahead of the change. Britain’s economy showed almost no growth in the second half of last year and the Bank of England last month halved its economic growth forecast for 2025 to just 0.75%. That is also the date for a nearly 7% increase in the minimum wage.

Payroll 200
article thumbnail

Mercedes-Benz To Slash 25% Of Office-based Job Costs In China

Allwork

The German luxury carmaker is cutting costs globally and warned last week that 2025 earnings would fall sharply from last year. Mercedes-Benz plans more partnerships with local suppliers to improve the competitiveness of its products, the person added, declining to be named as they were not authorised to speak to media.

Suppliers 194
article thumbnail

Sustainability: Beyond a Buzzword

Success

It is important for organization leadership to be aware of how the dots connect and help the company, the employees, suppliers and communities. If you are a manufacturing business, you [or] your suppliers, by reducing water, can reduce energy, emissions [and] bad chemistry and help improve the lives of people and communities.

Suppliers 148