I love seeing so many industries going on Strike. Complete and utter respect and admiration.
this post was submitted on 15 Sep 2023
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This is the best summary I could come up with:
The strike will likely chart the future of the union and of America’s homegrown auto industry at a time when U.S. labor is flexing its might and the companies face a historic transition from building internal combustion automobiles to making electric vehicles.
Instead, the UAW targeted a handful of factories to prod company negotiators to raise their offers, which were far lower than union demands of 36% wage increases over four years.
Starting in 2007, workers gave up cost-of-living raises, defined benefit pensions for new hires, and wage tiers were created as the UAW tried to help the companies avoid financial trouble ahead of and during the Great Recession.
“We’re the ones for the last 20 years who have been kind of hoping things would change and we would get back some of the stuff that we lost with the bankruptcy,” said Tommy Wolikow, who delivers parts to an assembly line at GM’s pickup truck plant in Flint, Michigan.
The automakers, however, say they’re facing unprecedented demands on capital as they develop and build new electric vehicles while at the same time making gas-powered cars, SUVs and trucks to pay the bills.
GM CEO Mary Barra told workers in a letter Thursday that the company is offering historic wage increases and new vehicle commitments at U.S. factories.
The original article contains 1,009 words, the summary contains 217 words. Saved 78%. I'm a bot and I'm open source!