Search results
Sep 22, 2023 · A full-scale UAW strike that lasts six weeks would reduce annualized GDP growth in the fourth quarter by an estimated 0.2%, Zandi told CNN in an email. “This is a small impact, but meaningful ...
Sep 15, 2023 · For now, the UAW strike involves just under 13,000 workers — less than 9% of UAW membership at the Big Three automakers. Workers at three plants are on strike: a General Motors assembly plant in ...
Sep 16, 2023 · United Auto Workers members, including President Shawn Fain, center, march past General Motors headquarters in Detroit, Friday, Sept. 15, 2023. The UAW is conducting a strike against Ford, Stellantis and General Motors. (AP Photo/Paul Sancya)
Oct 31, 2023 · The UAW strike caused an estimated $4.2 billion in losses to the Big 3 and resulted in $488 million in lost wages for workers. The work stoppage also rippled and caused layoffs at auto supplier ...
- 23 sec
- Khristopher J,Brooks
Sep 16, 2023 · Ford and General Motors confirmed Friday that 2,600 UAW members will be laid off due to the strike. The union has had 12,700 workers at three assembly plants on strike since early Friday, but that ...
Sep 22, 2023 · Fain had promised all week to escalate the strike if there wasn’t significant progress in negotiations. Targeting the parts-distributions centers could inflict quick pain on GM and Stellantis, said Daniel Ives, an analyst with Wedbush Securities. “The UAW is going for the gut punch as this strike gets a lot nastier,” Ives said.
The UAW has amassed $825 million in a strike fund that would pay eligible members $500 a week during a work stoppage, a sum that is expected to last for up to around 11 weeks but could be depleted ...
