Baldwin Blasts CNH Industrial for Laying Off Over 200 Workers in Racine while Company Makes Record Profits, Pays CEO $18 Million
April 17, 2024
April 17, 2024
WASHINGTON, April 17 -- Sen. Tammy Baldwin, D-Wisconsin, issued the following news release:
RACINE, WI - Today, U.S. Senator Tammy Baldwin (D-WI) called on CNH Industrial to reverse course in laying off hundreds of Wisconsin workers and moving jobs to Mexico despite the company posting record profits, engaging in stock buybacks to enrich shareholders, and paying the CEO nearly 350 times more than the average union worker in Racine.
"Agricultural machinery has been . . .
RACINE, WI - Today, U.S. Senator Tammy Baldwin (D-WI) called on CNH Industrial to reverse course in laying off hundreds of Wisconsin workers and moving jobs to Mexico despite the company posting record profits, engaging in stock buybacks to enrich shareholders, and paying the CEO nearly 350 times more than the average union worker in Racine.
"Agricultural machinery has been . . .