About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble.
Shawn Fain, the combative president of the United Auto Workers union, has threatened to strike any of the three companies that hasn’t reached an agreement by the time its contract with the union expires at 11:59 p.m. Eastern time Thursday.
Both sides began exchanging wage and benefit proposals last week. Though some incremental progress appears to have been made, a final agreement could come too late to avoid walkouts by UAW workers at factories in multiple states. Any strike would likely cause significant disruptions for auto production in the United States.
this means jackshit if they still can’t afford to keep up with inflation and rising property taxes.
Seems the CEOs manage to get nice raises. The standard company plan is to get poorly paid people to be mad at those who managed to bargain for decent pay, and it works so well.
Shit all these car companies have jacked up the hell out of their prices over the last couple years too while these workers had to go into factories and work during the pandemic without seeing any sort of pay raise since 2019.