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Leaving Lockdown, Entering Recession: Strike in Spain Shows Workers’ Fears


Labor unions in Europe have recently voiced concerns about the safety of employees who have been returning to work. But the strike at Nissan highlights what may be the next major concern of organized labor: protecting jobs in a post-pandemic economy. The coronavirus has brought about a recession that is expected to be the worst ever in the European Union, one that will most likely push companies to close down struggling factories.Automakers in particular are believed to have excess capacity, as demand for new cars has slipped in recent years. About a fifth of carmaking capacity worldwide is not being used.

The New York Times - May 7, 2020

View the full story here: https://www.nytimes.com/2020/05/07/business/spain-nissan-strike-recession.html