Topic: Jobs and Labor

Alaska Air CEO '09 pay more than doubled from '08

Alaska Air CEO William Ayer's 2009 compensation totaled $4.3M, more than double 2008 totalThe chairman and chief executive officer of Alaska Air Group Inc., William S. Ayer, saw his total compensation in 2009 more than double to $4.3 million, compared to the year before, thanks to a ...
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Union reaches deal to close Toyota-GM plant

The United Auto Workers union said Monday it had reached a deal over the closing of a California plant operated as a joint venture by Toyota and General Motors. GM pulled out of the venture last year as it restructured under government-backed bankruptcy protection. Toyota announced plans to shutter the ...
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Nummi, UAW reach tentative agreement on closure

Nummi, UAW reach tentative agreement to shut down California's last auto plantThe United Auto Workers union has reached a tentative agreement to shut down California's sole remaining auto plant which employs 4,600 people. The terms weren't disclosed Monday but will include payouts for workers at the ...
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Ex-AIG employees might sue over lower payouts

NEW YORK (Reuters) - Several former American International Group Inc <AIG.N> employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday. AIG is holding back $21 million from retention bonuses for current and former employees ...
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