The United Auto Workers strike against General Motors looked set to continue through Friday, following a vote by union leaders to seek ratification of a new, four-year contract from members before calling an end to the monthlong walkout. Union leaders are presenting the deal to some 48,000 members across the country this week. The terms include $11,000 bonuses but also confirm the shuttering of three plants and a parts-and-distribution center.
Today is day 36 of the UAW strike at General Motors. Members are still on the picket line and ballots are expected to be turned in by Friday, October 25th. Some believe it's still possible for the UAW to strike Ford Motor Company and FCA Fiat Chrysler Automobiles. Do you think the UAW would strike Ford or FCA too? #UAW #GMStrike #GM #Ford #FordMotorCompany #FCA #Detroit
The United Auto Workers strike will continue through at least Friday as members vote on the union’s tentative deal with General Motors, but there’s no guarantee the work stoppage will end once all the votes have been tallied.
Strikes matter more for people than stocks. GM stock is down since the UAW walk out, but not a lot. Now the strike is (almost) done shares will probably migrate back to pre-strike levels. The bigger deal is the impact on workers. Anyone have GM temporary worker or strike stories? #generalmotors