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	<title>Workers &#8211; Our Story Insight</title>
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		<title>Skilled Foreign Workers Think About Leaving the U.S.</title>
		<link>https://www.ourstoryinsight.com/skilled-foreign-workers-think-about-leaving-the-u-s/</link>
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		<pubDate>Fri, 03 Apr 2026 22:50:27 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[foreign]]></category>
		<category><![CDATA[leaving]]></category>
		<category><![CDATA[Skilled]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=14363</guid>

					<description><![CDATA[<p>These highly skilled, highly educated foreign workers have been documenting the challenges of trying to build a career in the U.S. “If I don’t find a job, I have to leave the country.” “I sent out 907 applications.” “Have I ever truly relaxed in America?” They need an H-1B visa, which is given through a [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/skilled-foreign-workers-think-about-leaving-the-u-s/">Skilled Foreign Workers Think About Leaving the U.S.</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p class="css-8hvvyd">These highly skilled, highly educated foreign workers have been documenting the challenges of trying to build a career in the U.S. “If I don’t find a job, I have to leave the country.” “I sent out 907 applications.” “Have I ever truly relaxed in America?” They need an H-1B visa, which is given through a lottery system that allows U.S. companies to hire highly skilled international professionals for up to six years, in industries like tech and medicine. But the Trump administration has made changes to the program, requiring companies to pay a high fee and enforcing new rules that prioritize higher-paid foreign workers, in an effort to make more jobs available to Americans. This has forced some foreigners to rethink their career plans. “I think the U.S. is still the golden standard.” Wen-Hsing Huang came to the U.S. from Taiwan in 2022 for the tech scene, and was hired by Amazon on an H-1B visa. “I want to use my talents to change the world, and I think the United States was the best platform to do that.” Ananya Joshi came from India to attend a master’s program in Chicago in 2022. “So it was actually my my father’s dream that I had inherited because my father couldn’t go because of his financial situation.” Haina, a Chinese national, fell in love with the U.S. while studying in New York. She got her H-1B in 2022. “I remember there were a lot of companies, they would be able to sponsor.” Haina said she’s experienced a recent shift, where it has become harder to find companies that sponsor H-1B visas. “This time when I was job searching, I didn’t realize it could be a deal breaker. I just had my second interview of 2026, and it was a pretty short call.” (Recruiter) “I don’t think we’re eligible or able to do sponsorship for this role at the moment.” “They don’t even really get to know if I’m qualified, am I experienced, or anything. The decision is already made at that point.” “Please, please make sure that the company you’re about to work for has experience handling international hires.” Joshi said a start-up she interned with during grad school rescinded their promise to sponsor her H-1B visa. “Ask for everything in writing. And then there were jobs that were contract jobs. They would just reject me. They would only need people with a green card or a U.S. citizenship.” Even with an H-1B and a six-figure salary, Huang said he felt himself becoming anxious, as tech layoffs ramped up and Trump’s immigration policies kept changing. “I woke up every morning with this knot in my stomach, because my entire life depended on the policy I couldn’t control. The United States seems not very welcoming to immigrants that contribute to this country.” “The signals are, like, pretty clear at this point. They want to make this H-1B, is, like, risky and also, like, harder.” Hello, everyone.” Despite that, Haina says she’s determined to keep looking for a job until she’s forced to leave the country. “The pressure about where I’m going to be in the next of my career or, like, my life. I sort of like lost the ability to enjoy my life or just be happy.” “So I had to leave the U.S. Of course, I expanded my search beyond the U.S. Found a job in Germany.” Joshi packed up her life and started a new role with a European biotech firm in January. “I think I left at a good time, because there would have been more stress. I would have been stuck in a loop.” “It’s an endless cycle of anxiety.” After quitting his job at Amazon, Huang is now back in Taiwan, planning to launch his own company. “To bet on building an A.I. company that gives me complete control over my time, location and future. Staying in the United States is no longer the only way to achieve my American dream.”</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/skilled-foreign-workers-think-about-leaving-the-u-s/">Skilled Foreign Workers Think About Leaving the U.S.</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Elon Musk offers to pay TSA workers&#8217; salaries amid DHS budget standoff</title>
		<link>https://www.ourstoryinsight.com/elon-musk-offers-to-pay-tsa-workers-salaries-amid-dhs-budget-standoff/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 22 Mar 2026 15:53:42 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[DHS]]></category>
		<category><![CDATA[Elon]]></category>
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		<category><![CDATA[offers]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=14095</guid>

					<description><![CDATA[<p>Elon Musk offered to cover the salaries of Transportation Security Administration (TSA) personnel during the ongoing government funding standoff. “I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country,” Musk said in an X post on Saturday [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/elon-musk-offers-to-pay-tsa-workers-salaries-amid-dhs-budget-standoff/">Elon Musk offers to pay TSA workers&#8217; salaries amid DHS budget standoff</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Elon Musk offered to cover the salaries of Transportation Security Administration (TSA) personnel during the ongoing government funding standoff.</p>
<p>“I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country,” Musk said in an X post on Saturday morning. </p>
<p>Musk’s offer comes as a partial government shutdown passes one month, with lawmakers unable to reach a deal to fund the Department of Homeland Security (DHS), which oversees the TSA.</p>
<p>The DHS shutdown has left TSA agents working without pay, triggering staffing shortages and long airport lines nationwide, while raising concerns about the ability to prevent attacks.</p>
<p>Republicans have pushed to fund DHS, while Democrats have sought standalone funding for agencies like TSA that would exclude immigration operations.</p>
<p>People standing in a long line at the Delta Terminal C check-in at LaGuardia Airport. <span class="credit">Brigitte Stelzer</span></p>
<p>TSA officers are considered essential employees and are required to report to work even during a shutdown, though pay can be delayed.</p>
<p>Elon Musk offered to cover salaries for TSA personnel amid the ongoing government shutdown. <span class="credit">Ella Pellegrini for NY Post</span></p>
<p>Musk’s offer appeared aimed at easing the strain as airport lines grow and staffing pressures build.</p>
<p>Major U.S. airports have experienced severe delays, with security wait times exceeding 3 hours in some cases, due to high TSA officer absenteeism. Hardest-hit airports include Houston (HOU, IAH), Atlanta (ATL), New Orleans (MSY), and Philadelphia (PHL). </p>
<p>The DHS shutdown has left TSA agents working without pay, causing staffing shortages and long airport lines. <span class="credit">AFP via Getty Images</span></p>
<p>Footage from PHL, shot early Thursday morning, showed hundreds of passengers waiting on elevators and escalators to clear a security checkpoint.</p>
<p>It comes as a top TSA union leader warned Thursday that airport security risks linked to the shutdown are set to “get worse,” given that TSA has been under a hiring freeze since last year.</p>
<p>It remains unclear how Musk’s proposed arrangement would work or whether it would be legally possible for a private individual to fund federal workers.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/elon-musk-offers-to-pay-tsa-workers-salaries-amid-dhs-budget-standoff/">Elon Musk offers to pay TSA workers&#8217; salaries amid DHS budget standoff</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Starbucks Workers United union sends contract proposal to company</title>
		<link>https://www.ourstoryinsight.com/starbucks-workers-united-union-sends-contract-proposal-to-company/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 15 Mar 2026 22:21:36 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[contract]]></category>
		<category><![CDATA[proposal]]></category>
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		<category><![CDATA[Starbucks]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=13920</guid>

					<description><![CDATA[<p>Starbucks union members and their supporters, including baristas who have just walked off the job, effectively closing a local branch, picket in front of the store, Feb. 28, 2025 in New York City.  Andrew Lichtenstein &#124; Corbis News &#124; Getty Images Starbucks Workers United presented the company with a comprehensive proposed contract last month, the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/starbucks-workers-united-union-sends-contract-proposal-to-company/">Starbucks Workers United union sends contract proposal to company</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>Starbucks union members and their supporters, including baristas who have just walked off the job, effectively closing a local branch, picket in front of the store, Feb. 28, 2025 in New York City. </p>
<p>Andrew Lichtenstein | Corbis News | Getty Images</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Starbucks<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> Workers United presented the company with a comprehensive proposed contract last month, the union said on a call with investors Friday, as baristas attempt to strike their first labor agreement with the coffee giant.</p>
<p>Here&#8217;s what baristas asked for in that proposal:</p>
<ul>
<li>Protections for union baristas against discrimination, unjust firings and temporary or permanent store closures.</li>
<li>Starting wage floor of $17 per hour, down from its prior proposal of $20 an hour but still above the company&#8217;s current starting wage of $15.25 to $16 an hour in 43 states.</li>
<li>Annual raises of 4%.</li>
<li>A process for baristas, management and union representatives to resolve workforce grievances.</li>
<li>A dress code endorsed by the union.</li>
<li>Requirement for at least three workers on the floor at all times and enforceable staffing and safety protections.</li>
<li>A mandate to offer open hours to existing employees before hiring new baristas.</li>
<li>Resolution of hundreds of outstanding unfair labor practice charges.</li>
</ul>
<p>The union said Starbucks has not yet responded to the substance of the proposal. </p>
<p>The coffee giant told CNBC that it would like to restart talks with Workers United as soon as this month.</p>
<p>&#8220;Starbucks has proposed to resume in-person bargaining with Workers United on March 30 and to remain available for continued negotiations throughout April,&#8221; Starbucks spokesperson Jaci Anderson said in a statement.</p>
<p>Workers United represents about 6% of Starbucks&#8217; company-owned locations in the U.S., according to regulatory filings.</p>
<p>The announcement comes months after bargaining talks between the two parties hit a wall. Starbucks and the union last held formal negotiations in December 2024. Several months later, the two parties met for mediation, but hundreds of barista delegates voted down the economic package proposed by the company in April.</p>
<p>Over the holiday season, baristas in more than 40 cities held an open-ended strike that stretched on for several weeks. The work stoppage led to dozens of temporary store closures for the coffee chain during its busiest time, although the company said it didn&#8217;t materially affect its business.</p>
<p>Starbucks&#8217; strained relations with its baristas will also likely garner attention at its annual meeting for shareholders, scheduled to be held on March 25.</p>
<p>A group of investors led by union-affiliated SOC Investment Group is urging shareholders to vote against the reelection of directors Jørgen Vig Knudstorp and Beth Ford, citing their oversight roles tied to the company&#8217;s labor relations. Proxy advisory firm Glass Lewis has recommended voting against the reelection of Ford, chair of the nominating and corporate governance committee.</p>
<p>&#8220;The Starbucks Board has the necessary skills and experience to effectively oversee our strategy, including human capital management, which is vital to our ability to drive growth and deliver for our customers,&#8221; Anderson said in a statement to CNBC.</p>
<p>The prolonged battle between the company and its baristas poses a potential roadblock to Starbucks as it attempts a turnaround of its sluggish U.S. business. During the company&#8217;s holiday quarter, its store traffic rose for the first time in two years.</p>
<p>In Starbucks&#8217; most recent annual filing, the company noted potential risks ahead, like further work stoppages or harm to its reputation and brand.</p>
<p>Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/starbucks-workers-united-union-sends-contract-proposal-to-company/">Starbucks Workers United union sends contract proposal to company</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP</title>
		<link>https://www.ourstoryinsight.com/nearly-a-thousand-google-workers-sign-letter-urging-company-to-divest-from-ice-cbp/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 08 Feb 2026 16:41:53 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[CBP]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=13072</guid>

					<description><![CDATA[<p>The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly &#124; Reuters More than 900 Google workers have signed an open letter condemning recent actions by U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP), urging the tech giant to disclose [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/nearly-a-thousand-google-workers-sign-letter-urging-company-to-divest-from-ice-cbp/">Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021.</p>
<p>Andrew Kelly | Reuters</p>
<p>More than 900 <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Google<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> workers have signed an open letter condemning recent actions by U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP), urging the tech giant to disclose its dealings with the agencies and divest from them.</p>
<p>The letter, citing recent ICE killings of Keith Porter, Renee Good, and Alex Pretti, said that the employees are &#8220;appalled by the violence&#8221; and &#8220;horrified&#8221; by Google&#8217;s part in it.</p>
<p>&#8220;Google is powering this campaign of surveillance, violence, and repression,&#8221; the letter reads. </p>
<p>It goes on to cite that Google Cloud is aiding CBP surveillance and powering <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Palantir&#8217;s<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> ImmigrationOS system, which is used by ICE. The letter states that Google&#8217;s generative artificial intelligence is used by CBP and that the Google Play Store has blocked ICE tracking apps.</p>
<p>The letter also quotes a social media post by Google Chief Scientist Jeff Dean from early January, who wrote, &#8220;We all bear a collective responsibility to speak up and not be silent when we see things like the events of the last week.&#8221;</p>
<p>&#8220;We are vehemently opposed to Google&#8217;s partnerships with DHS, CBP, and ICE,&#8221; the employees wrote. &#8220;We consider it our leadership&#8217;s ethical and policy-bound responsibility to disclose all contracts and collaboration with CBP and ICE, and to divest from these partnerships.&#8221;</p>
<p>The letter calls on Google to acknowledge the danger that workers face from ICE, host an emergency internal Q&#038;A on the company&#8217;s DHS and military contracts, implement safety measures to protect workers — such as flexible work-from-home policies and immigration support — and reveal its ties with the government agencies to help all involved determine where the company will draw a line.</p>
<p>&#8220;As workers of conscience, we demand that our leadership end our backslide into contracting for governments enacting violence against civilians,&#8221; the letter reads. &#8220;Google is now a prominent node in a shameful lineage of private companies profiting from violent state repression. We must use this moment to come together as a Googler community and demand an end to this disgraceful use of our labor.&#8221;</p>
<p>Google did not immediately respond to a CNBC request for comment.</p>
<p>The letter comes as employees place mounting pressure on tech CEOs to speak out against ICE. Just two weeks prior, employees representing <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6">Amazon<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7">Spotify<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-8">Meta<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and more wrote a similar letter demanding ICE &#8220;out of our cities.&#8221;</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/nearly-a-thousand-google-workers-sign-letter-urging-company-to-divest-from-ice-cbp/">Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Home Depot chopping 800 jobs, orders white-collar workers back to office 5 days a week</title>
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		<pubDate>Thu, 29 Jan 2026 00:09:21 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=12786</guid>

					<description><![CDATA[<p>Home Depot said Wednesday it is cutting 800 jobs associated with its Atlanta store support center, and is calling on its corporate employees to return to the office five days a week. In a statement, Home Depot said its “goal is to drive greater agility and position the company to move faster and stay even more closely connected with [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/home-depot-chopping-800-jobs-orders-white-collar-workers-back-to-office-5-days-a-week/">Home Depot chopping 800 jobs, orders white-collar workers back to office 5 days a week</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Home Depot said Wednesday it is cutting 800 jobs associated with its Atlanta store support center, and is calling on its corporate employees to return to the office five days a week.</p>
<p>In a statement, Home Depot said its “goal is to drive greater agility and position the company to move faster and stay even more closely connected with our frontline associates.”</p>
<p>In a statement, Home Depot said its “goal is to drive greater agility and position the company to move faster and stay even more closely connected with our frontline associates.” <span class="credit">Getty Images</span></p>
<p>The home improvement giant said it willoffer separation packages, transitional benefits, and job placement support to impacted employees.</p>
<p>US housing demand has been choppy due to rising unemployment and high home prices. Meanwhile, easing interest and mortgage rates have failed to aid a recovery, with Home Depot projecting a bigger drop in fiscal 2025 profit in its latest quarterly earnings.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/home-depot-chopping-800-jobs-orders-white-collar-workers-back-to-office-5-days-a-week/">Home Depot chopping 800 jobs, orders white-collar workers back to office 5 days a week</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B</title>
		<link>https://www.ourstoryinsight.com/louisiana-boss-hands-workers-240m-in-bonuses-after-selling-his-company-for-1-7b/</link>
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		<pubDate>Fri, 26 Dec 2025 01:54:19 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=11849</guid>

					<description><![CDATA[<p>A Louisiana factory chief proved to be a real-life Santa Claus — giving each of his 540 full-time employees six-figure bonus checks totaling $240 million. The generous gesture came after the benevolent boss sold the company for $1.7 billion. Graham Walker, the now-former CEO of Fibrebond, told The Wall Street Journal that he would not [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/louisiana-boss-hands-workers-240m-in-bonuses-after-selling-his-company-for-1-7b/">Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A Louisiana factory chief proved to be a real-life Santa Claus — giving each of his 540 full-time employees six-figure bonus checks totaling $240 million.</p>
<p>The generous gesture came after the benevolent boss sold the company for $1.7 billion.</p>
<p>Graham Walker, the now-former CEO of Fibrebond, told The Wall Street Journal that he would not agree to sell his company if prospective buyer Eaton did not earmark 15% of the proceeds for its employees — even though none of them owned stock.</p>
<p>The deal, which was completed earlier this year when Eaton acquired Fibrebond, triggered payouts to 540 full-time workers, averaging about $443,000 per worker spread over five years.</p>
<p>Graham Walker, the former CEO of Fibrebond, required that 15% of the proceeds from the sale of his family company go directly to employees — a $240 million windfall. <span class="credit">Fibrebond</span></p>
<p>Long-tenured employees received far more, according to The Journal.</p>
<p>Walker, 46, told the newspaper that the requirement was non-negotiable.</p>
<p>Without it, he believed many workers who had carried the company through decades of booms, busts and near-collapse would walk out the door.</p>
<p>In June, employees began receiving sealed envelopes detailing their individual awards. Some of them were overwhelmed with emotion while others thought it was a prank, The Journal reported.</p>
<p>Others sat in stunned silence.</p>
<p>Lesia Key, a 29-year Fibrebond veteran who started in 1995 making $5.35 an hour, broke down when she opened her letter, according to the report.</p>
<p>Key, now 51, had risen to oversee facilities across Fibrebond’s 254-acre campus, managing a team of 18.</p>
<p>She reportedly used her bonus to pay off her mortgage and open a clothing boutique in a nearby town.</p>
<p>The factory floor where employees who once made hourly wages walked away with life-changing payouts. <span class="credit">Fibrebond</span></p>
<p>“Before, we were going paycheck to paycheck,” Key was quoted as saying. “I can live now.”</p>
<p>Another employee used his money to take his entire extended family to Cancún, Mexico. Others paid down credit cards, bought cars outright, funded college tuition or boosted retirement savings.</p>
<p>One longtime assistant manager, Hong “TT” Blackwell, 67, received several hundred thousand dollars and immediately retired.</p>
<p>Blackwell, an immigrant from Vietnam who spent more than 15 years in Fibrebond’s logistics operation, said she used part of her bonus to buy her husband a Toyota Tacoma and set aside the rest.</p>
<p>“Now I don’t have to worry,” she said. “My retirement is nice and peaceful.”</p>
<p>Blackwell said taxes took a heavy bite — nearly $100,000 — but the net amount was still life-changing.</p>
<p>Across Minden, a town of about 12,000 people, the money rippled quickly through the local economy.</p>
<p>Fibrebond’s 254-acre manufacturing campus in Minden, where 540 full-time workers shared in the sale proceeds. <span class="credit">Fibrebond</span></p>
<p>City officials said local retailers saw a surge in spending as employees paid off debts, renovated homes and made long-delayed purchases.</p>
<p>“There’s a lot of buzz about the amount of money being spent,” Mayor Nick Cox told The Journal.</p>
<p>Fibrebond was founded in 1982 by Walker’s father, Claud Walker, with a dozen employees building shelters for electrical and telecom equipment.</p>
<p>It thrived during the cellular boom of the 1990s — then nearly collapsed when its factory burned to the ground in 1998.</p>
<p>The Walkers kept paying employees even as production stalled, a move workers still cite as the foundation of the company’s loyalty culture.</p>
<p>By the early 2000s, the dot-com bust slashed Fibrebond’s customer base to just three clients, forcing layoffs that cut the workforce from roughly 900 to 320.</p>
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<p>Graham Walker and his brother later took over day-to-day operations, selling assets and paying down debt while searching for a new market.</p>
<p>The turnaround came with a risky $150 million investment to pivot into building modular power enclosures for data centers — a gamble that paid off when cloud computing demand surged during the pandemic.</p>
<p>Sales jumped nearly 400% in five years, drawing acquisition interest from larger industrial players.</p>
<p>Walker told every potential buyer the same thing: 15% of the sale price had to go to employees.</p>
<p>When asked why he insisted on 15%, Walker told the Journal: “It’s more than 10%.”</p>
<p>Advisers warned him the condition could complicate the deal or invite lawsuits from former workers who missed out, the Journal reported.</p>
<p>Nonetheless, Walker pressed on.</p>
<p>The bonuses were structured as retention awards, paid annually over five years, requiring most employees to stay with the company to receive the full amount — a provision Walker said was critical to keeping operations stable after the sale.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/louisiana-boss-hands-workers-240m-in-bonuses-after-selling-his-company-for-1-7b/">Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>GM lays off more than 200 salaried workers in latest round of job cuts</title>
		<link>https://www.ourstoryinsight.com/gm-lays-off-more-than-200-salaried-workers-in-latest-round-of-job-cuts/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 28 Oct 2025 05:00:48 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=10345</guid>

					<description><![CDATA[<p>The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck &#124; Picture Alliance &#124; Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/gm-lays-off-more-than-200-salaried-workers-in-latest-round-of-job-cuts/">GM lays off more than 200 salaried workers in latest round of job cuts</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>The headquaters of US auto company General Motos (GM) in Detroit, Michigan.</p>
<p>Uli Deck | Picture Alliance | Getty Images</p>
<p>DETROIT – <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">General Motors<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits.</p>
<p>The impacted employees were largely Computer-Aided Design, or CAD, engineers who worked at the company&#8217;s global tech campus in metro Detroit, according to GM.</p>
<p>&#8220;We&#8217;re restructuring our design engineering team to strengthen our core architectural design engineering capabilities,&#8221; GM said in an emailed statement. &#8220;As a result, a number of CAD execution roles have been eliminated. We recognize the efforts and accomplishments of the impacted team members, and we thank them for their contributions.&#8221;</p>
<p>GM declined to comment on the number of employees affected, but a source familiar with the matter confirmed to CNBC that it was more than 200 employees, which was first reported by Bloomberg News. The person spoke anonymously because the number had not yet been made public.</p>
<p>The employees were told their roles were being eliminated due to &#8220;business conditions&#8221; and not their performance via <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Microsoft<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> Teams calls on Friday, the source said.</p>
<p>The Detroit automaker has been regularly reviewing its business units and organizations for years in an effort to cut costs, boost profits and eliminate what it considers unneeded or overstaffed roles for future operations.</p>
<p>The most recent layoffs represent a small percentage of the automaker&#8217;s salaried workforce, but continue a trend of white-collar U.S. headcount reductions. GM&#8217;s U.S. salaried headcount fell from 53,000 in 2023 to 50,000 to end last year.</p>
<p>GM&#8217;s layoffs also come a day after all-electric vehicle maker <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">Rivian<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> laid off roughly 4.5% of its workforce, or more than 600 people, to restructure some teams as the EV market faces growing challenges amid policy changes and slower-than-expected demand.</p>
<p>The most recent cuts come as President Donald Trump touted on social media Friday that <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-9">Ford Motor<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and GM are &#8220;UP BIG on Tariffs&#8221; amid tariff changes last week for heavy- and medium-duty trucks, which he referred to as &#8220;Big and Midsized Trucks.&#8221;</p>
<p>While both Ford and GM, including CEO Mary Barra, this week praised the tariff changes, which also included extending offsets on U.S.-produced vehicles, the automakers are still seeing additional cost burdens from the levies. These changes are simply helping to lower those added costs.</p>
<p>The layoffs come days after GM raised its 2025 financial guidance Tuesday as it beat Wall Street&#8217;s top- and bottom-line earnings expectations for the third quarter, causing the stock to have its second-best day on the market since its 2009 emergence from bankruptcy.</p>
<p>Shares of GM are up more than 29% this year, while Ford&#8217;s stock is up roughly 38%. Both hit new 52-week highs on Friday.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/gm-lays-off-more-than-200-salaried-workers-in-latest-round-of-job-cuts/">GM lays off more than 200 salaried workers in latest round of job cuts</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Workers reject Boeing&#8217;s latest offer after nearly 3 months on strike</title>
		<link>https://www.ourstoryinsight.com/workers-reject-boeings-latest-offer-after-nearly-3-months-on-strike/</link>
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		<pubDate>Mon, 27 Oct 2025 07:52:18 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=10321</guid>

					<description><![CDATA[<p>Striking workers at Boeing Defense in the St. Louis area rejected the company’s latest contract proposal on Sunday, sending a strike that has already delayed delivery of fighter jets and other programs into its 13th week. In a statement after the vote, union leadership said the company had failed to address the needs of the roughly 3,200 members [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/workers-reject-boeings-latest-offer-after-nearly-3-months-on-strike/">Workers reject Boeing&#8217;s latest offer after nearly 3 months on strike</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Striking workers at Boeing Defense in the St. Louis area rejected the company’s latest contract proposal on Sunday, sending a strike that has already delayed delivery of fighter jets and other programs into its 13th week.</p>
<p>In a statement after the vote, union leadership said the company had failed to address the needs of the roughly 3,200 members of the International Association of Machinists and Aerospace Workers District 837.</p>
<p>“Boeing claimed they listened to their employees — the result of today’s vote proves they have not,” IAM International President Brian Bryant said in a statement. “Boeing’s corporate executives continue to insult the very people who build the world’s most advanced military aircraft — the same planes and military systems that keep our servicemembers and nation safe.”</p>
<p>Boeing’s latest offer was largely the same as offers previously rejected by union members.  <span class="credit">REUTERS</span></p>
<p>The five-year offer was largely the same as offers previously rejected by union members. The company reduced the ratification bonus but added $3,000 in Boeing shares that vest over three years and a $1,000 retention bonus in four years. It also improved wage growth for workers at the top of the pay scale in the fourth year of the contract.</p>
<p>“To fund the increases in this offer, we had to make trade-offs,” including reduced hourly wage increases tied to attendance and certain shift work, Boeing Vice President Dan Gillian said in a message to workers on Thursday.</p>
<p>IAM leaders have pressed the planemaker for higher retirement plan contributions and a ratification bonus closer to the $12,000 that Boeing gave to union members on strike last year in the company’s commercial airplane division in the Pacific Northwest.</p>
<p>Boeing’s Gillian has called the company’s offer a landmark deal and “market-leading,” and he has repeatedly said Boeing would not increase the overall value of its terms, and only shift value around.</p>
<p>Boeing is expected to report another unprofitable quarter when it posts its third-quarter results on Wednesday. Wall Street analysts anticipate the company will announce a multi-billion dollar charge on its 777X program, which is six years behind schedule and not yet certified by regulators.</p>
<p>Boeing unionized workers in the St. Louis area have been on strike since Aug. 4.  <span class="credit">AP</span></p>
<p>In September, IAM members approved the union’s proposed four-year contract. However, Boeing management has refused to consider that offer.</p>
<p>The IAM estimates that its offer would add about $50 million to the agreement’s cost over its four-year duration, compared with the company offer that was rejected. Boeing CEO Kelly Ortberg is set to earn $22 million this year.</p>
<p>Union officials accused Boeing of bargaining in bad faith in an unfair labor practice charge filed Oct. 16 with the National Labor Relations Board.</p>
<p>Boeing has delayed deliveries of its F-15EX fighter.</p>
<p>“It’s well past time for Boeing to stop cheaping out on the workers who make its success possible and bargain a fair deal that respects their skill and sacrifice,” Bryant said.</p>
<p>Union members say they are getting by on a mix of $300 a week in strike benefits from the IAM, second jobs, and belt-tightening. Boeing has said that striking workers’ coverage under company-provided health insurance ended on Aug. 30.</p>
<p>Since the strike began on Aug. 4, Boeing officials have repeatedly said the company’s mitigation plan has limited the effects of the work stoppage on production.</p>
<p>However, it has delayed deliveries of F-15EX fighters to the US Air Force, Gen. Kenneth Wilsbach told the Senate Armed Services Committee in comments submitted for a Oct. 9 hearing on his nomination as the Air Force’s chief of staff.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/workers-reject-boeings-latest-offer-after-nearly-3-months-on-strike/">Workers reject Boeing&#8217;s latest offer after nearly 3 months on strike</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Striking defense workers reject Boeing contract offer</title>
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		<pubDate>Sun, 14 Sep 2025 19:13:05 +0000</pubDate>
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					<description><![CDATA[<p>The Boeing Company at Paris Air Show 2025 in Le Bourget Airport. Nicolas Economou &#124; Nurphoto &#124; Getty Images Striking Boeing defense workers in Missouri voted Friday against the company&#8217;s latest offer of a modified contract deal, according to the union representing the workers. More than 3,000 workers in the St. Louis area will remain [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/striking-defense-workers-reject-boeing-contract-offer/">Striking defense workers reject Boeing contract offer</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>The Boeing Company at Paris Air Show 2025 in Le Bourget Airport.</p>
<p>Nicolas Economou | Nurphoto | Getty Images</p>
<p>Striking <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Boeing<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> defense workers in Missouri voted Friday against the company&#8217;s latest offer of a modified contract deal, according to the union representing the workers.</p>
<p>More than 3,000 workers in the St. Louis area will remain on strike, the first walkout in almost three decades.</p>
<p>&#8220;Boeing&#8217;s modified offer did not include a sufficient signing bonus relative to what other Boeing workers have received, or a raise in 401(k) benefits,&#8221; a statement from the International Association of Machinists and Aerospace Workers read. &#8220;The democratic vote underscores the determination of approximately 3,200 IAM Union members to continue their stand together until their voices are heard.&#8221;</p>
<p>The union had said it reached a tentative five-year agreement with Boeing on Wednesday, with better wages and a signing bonus, and set a vote on the deal for Friday.</p>
<p>The deal that workers rejected included 45% average wage growth, among other things. The local chapter of the union, IAM 837, said it would bring the average wage from $75,000 to $109,000.</p>
<p>&#8220;Our members in St. Louis have once again shown that they will not settle for Boeing&#8217;s half-measures,&#8221; IAM International President Brian Bryant said in a statement. &#8220;Boeing must start listening to its employees and come back to the table with a meaningful offer that respects the sacrifices and skill of these workers.&#8221;</p>
<p>Boeing has said it is hiring more workers to replace those who are on strike to meet rising demand.</p>
<p>Boeing Air Dominance Vice President Dan Gillian said in a statement that no further talks are scheduled between Boeing and the striking workers, and that the company is &#8220;disappointed.&#8221;</p>
<p>&#8220;We&#8217;ve made clear the overall economic framework of our offer will not change, but we have consistently adjusted the offer based on employee and union feedback to better address their concerns,&#8221; Gillian said. &#8220;We will continue to execute our contingency plan, including hiring permanent replacement workers, as we maintain support for our customers.&#8221;</p>
<p>The striking workers mostly assemble and maintain F-15 fighter jets and missile systems, according to the union. The employees went on strike in early August and turned down a previous offer, which included 20% general wage increases and a $5,000 signing bonus, among other improvements.</p>
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		<title>Boeing St. Louis defense workers set to strike after rejecting latest offer</title>
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		<pubDate>Mon, 04 Aug 2025 00:20:11 +0000</pubDate>
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					<description><![CDATA[<p>Union members who assemble Boeing’s fighter jets in the St. Louis area rejected the U.S. planemaker’s latest contract offer on Sunday and will strike at midnight on Monday, the International Association of Machinists and Aerospace Workers union said. “IAM District 837 members … deserve a contract that reflects their skill, dedication, and the critical role they play [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/boeing-st-louis-defense-workers-set-to-strike-after-rejecting-latest-offer/">Boeing St. Louis defense workers set to strike after rejecting latest offer</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>Union members who assemble Boeing’s fighter jets in the St. Louis area rejected the U.S. planemaker’s latest contract offer on Sunday and will strike at midnight on Monday, the International Association of Machinists and Aerospace Workers union said.</p>
<p>“IAM District 837 members … deserve a contract that reflects their skill, dedication, and the critical role they play in our nation’s defense,” the union’s Business Representative Tom Boelling said.</p>
<p>Boeing said it was ready for the action. “We are prepared for a strike and have fully implemented our contingency plan,” Boeing Air Dominance vice president and general manager Dan Gillian said in an emailed statement to Reuters.</p>
<p>Boeing’s original offer proposal included a 20% general wage increase over four years and a $5,000 ratification bonus. <span class="credit">Bloomberg via Getty Images</span></p>
<p>“We’re disappointed our employees in St. Louis rejected an offer that featured 40% average wage growth,” he added.</p>
<p>Boeing’s original proposal included a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave. The union had rejected the offer, saying it was insufficient.</p>
<p>Last week, Boeing sent a new contract offer to the union with some minor compensation changes that would benefit senior union members, according to the company. The offer also kept current overtime policies, which Boeing had proposed modifying in the last contract offer.</p>
<p>The workers assemble Boeing’s fighter jets and the MQ-25, an aerial refueling drone being developed for the US Navy.</p>
<p>Boeing is expanding manufacturing facilities in the St. Louis area for the new US Air Force fighter, the F-47A. <span class="credit">AFP via Getty Images</span></p>
<p>Boeing’s defense division is expanding manufacturing facilities in the St. Louis area for the new US Air Force fighter, the F-47A, after it won the contract this year.</p>
<p>The upcoming strike by the union, representing 3,200 employees, would be much smaller than the one Boeing was hit with last fall, when 33,000 machinists at Boeing’s commercial plane division walked out for nearly two months. That strike ended with approval of a four-year contract that included a 38% wage increase.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/boeing-st-louis-defense-workers-set-to-strike-after-rejecting-latest-offer/">Boeing St. Louis defense workers set to strike after rejecting latest offer</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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