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turbinetree

(24,695 posts)
Mon Sep 23, 2019, 01:08 PM Sep 2019

GM strike enters 2nd week with no clear end in sight

Source: Associated Press

By TOM KRISHER today

NEW YORK (AP) — The strike against General Motors by 49,000 United Auto Workers entered its second week Monday with progress reported in negotiations but no clear end in sight.

Bargainers met all weekend and returned to talks Monday morning as the strike entered its eighth day.

A person briefed on the negotiations says they’re haggling about wages and profit sharing, new product for factories that GM wants to close, a faster route to full wages for new hires, and use of temporary workers. The person didn’t want to be identified because details of the bargaining are confidential.

Workers walked off their jobs early on Sept. 16, paralyzing production at about 30 manufacturing sites in nine states.

Read more: https://www.apnews.com/cf1133e95fba4681b8ed80bf88cc0eeb

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GM strike enters 2nd week with no clear end in sight (Original Post) turbinetree Sep 2019 OP
If the CEO wanted a raise or benifits to stay in place.............. Bengus81 Sep 2019 #1
At a 100 million a day loss. Wellstone ruled Sep 2019 #2
GM is happy to left this strike go on for weeks Miguelito Loveless Sep 2019 #3
That occurred to me, too... IthinkThereforeIAM Sep 2019 #4
 

Wellstone ruled

(34,661 posts)
2. At a 100 million a day loss.
Mon Sep 23, 2019, 02:14 PM
Sep 2019

It is vary imperative that Wall Street wants to finally kill off the UAW. No friggin doubt about it.

It will take Ford or CFAC to have a plant go out to make this come to a end.

Michigan is the big loser in this,but the GOP could give a rat's butt. Watch for major layoff's in the Rail Industry as well as a couple of trucking Companies who haul Containers into these plants.

Miguelito Loveless

(4,460 posts)
3. GM is happy to left this strike go on for weeks
Mon Sep 23, 2019, 03:11 PM
Sep 2019

as they have an oversupply of cars due to falling sales and it was making them look bad.

IthinkThereforeIAM

(3,076 posts)
4. That occurred to me, too...
Mon Sep 23, 2019, 08:13 PM
Sep 2019

... somewhere an accountant or actuary has the numbers saying, "we will break even or better".
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