All articles tagged with #detroit big three
The United Auto Workers (UAW) has ended its 46-day strike against the Detroit Big Three automakers after reaching a tentative agreement with General Motors. The deal includes significant wage increases for assembly workers, a wage increase for salaried workers, and a path to full-time employment for temporary workers. Union leadership will be voting to send the agreement to membership on November 3.
The U.S. steel industry is being impacted by the United Auto Workers' strike against Detroit's Big Three automakers, with steel prices falling and companies reducing production. The strike has caused the temporary shutdown of a furnace at a United States Steel Corp. plant, and if prolonged, more shutdowns could follow. Currently, around 25,000 UAW members are on strike, but the union has not ruled out expanding the strike nationwide. The strike has already cost General Motors around $200 million, and suppliers are also being affected. Data shows that the strike has cost the U.S. economy nearly $4 billion in its first two weeks.
More plants are being idled and over 2,000 workers have been laid off as the United Auto Workers (UAW) continues targeted strikes against the Detroit Big Three automakers. Talks are ongoing, but only Stellantis has made a new offer. "Practice pickets" are being organized across the country to show support for the bargaining teams. Stellantis has sent workers home in Ohio and expects layoffs in Indiana, while General Motors has laid off 2,000 workers in Kansas City. Negotiations are focused on reaching a deal that rewards employees and allows for investment and growth.