General Motors and Stellantis announced fresh layoffs Wednesday that they blamed on damage from the United Auto Workers strike
, and the labour standoff grew more tense just two days before the union was expected to call for new walkouts.
It was not clear whether the Stellantis offer would satisfy union President Shawn Fain, who vows to announce new strike targets on Friday unless there is “serious progress” toward agreements with GM, Stellantis and Ford. GM said it does not expect to restart the Kansas plant until the strike ends, and it won't provide supplemental pay to the workers. The company said the layoffs demonstrated “that nobody wins in a strike.”
Asked for comment, a UAW spokesman referred to a statement last weekend in which UAW President Shawn Fain said layoffs were unnecessary and an effort to pressure workers to settle for less in contract negotiations.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeep maker Stellantis makes a new contract offer as auto workers prepare to expand their strikeGeneral Motors and Stellantis announced fresh layoffs Wednesday that they blamed on damage from the United Auto Workers strike, but Stellantis also gave the union a new contract proposal in hopes of ending the six-day walkout. It was not clear whether the Stellantis offer would persuade the union not to expand its strike. The union's president vows to announce new strike targets on Friday unless there is “serious progress” toward agreements with GM, Stellantis and Ford. Neither Stellantis nor th
Read more »
Jeep maker Stellantis makes new contract offer as auto workers prepare to expand their strikeGeneral Motors and Stellantis announced fresh layoffs Wednesday that they blamed on damage from the United Auto Workers strike, and the labor standoff grew more tense just two days before the union was expected to call for new walkouts.
Read more »
Stellantis announces layoffs in Ohio and Indiana as auto workers' strike enters 6th dayThe car maker Stellantis expects to lay off more than 300 workers in Ohio and Indiana, blaming the decision on the United Auto Workers strike that is now in its sixth day.
Read more »
United Auto Workers threaten to expand targeted strike if there is no substantive progress by FridayThe United Auto Workers union is stepping up pressure on Detroit’s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday.
Read more »
United Auto Workers threaten to expand targeted strike if there is no substantive progress by FridayThe United Auto Workers union is stepping up pressure on Detroit’s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday.
Read more »
Instacart IPO, UAW strikes, oil prices soar: 3 ThingsInstacart (CART) amped up its initial share price to $30 ahead of its IPO later today. Auto workers are considering their strike efforts against the Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) if no progress is made in negotiations between the United Auto Workers (UAW) union and employers. Lastly, crude oil prices move higher after springing past $90 per barrel, reaching a 2023 high. Yahoo Finance Live's Seana Smith and Brad Smith break down the biggest industry news this morning from the Nasdaq MarketSite.
Read more »