Posted on 10/25/2019 3:25:45 PM PDT by yesthatjallen
General Motors (GM) has reached a deal with employees to end the longest automotive strike in 50 years.
GM employees with the United Auto Workers (UAW) union ratified the 2019 Collective Bargaining Agreement on Friday evening, UAW said in a statement.
The contract includes an $11,000 per member signing bonus, performance bonuses, two 3 percent annual raises and two 4 percent lump sum payments while holding the line on health care costs.
General Motors members have spoken, said Terry Dittes, UAW vice president and director of the UAW-GM Department. We are all so incredibly proud of UAW-GM members who captured the hearts and minds of a nation. Their sacrifice and courageous stand addressed the two-tier wages structure and permanent temporary worker classification that has plagued working class Americans.
We want to once again thank our members families and their local communities for their outpouring of support, added UAW President Gary Jones. Our members not only joined together in solidarity but felt the support of their whole community throughout this important stand.
About 48,000 employees took to the picket line last month to demand higher hourly wages, lump-sum payments and a better profit-sharing plan. The strike shut down several plants and reportedly cost GM $2 billion since the strike started.
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(Excerpt) Read more at thehill.com ...
GM surrendered?
AND...You want to share in the profits, buy stock.
They should have fired every last one and moved operations to Vietnam.
This deal should make new GM cars even more affordable.
/s
This deal should make new GM cars even more affordable.
/s
I’m on my second Toyota. Will never look back.
Nah. They simply need to relocate all their plants from mandatory union Red states to Right to work Blue states.
First the company starts a small plant somewhere. Then it gradually expands until it is on par with the American plant.
Then, management is faced with the question of where capital can be more profitable invested. The answer, invariably is the Viet Nam plant. The only way the plant stays in America is through coercion. Physical or political coercion.
I seem GM is back in the healthcare and retirement planning business again.
GM is still around?
Good news. Thanks for posting.
Will the union now reimbursed all the contractors that lost money during the strike.
Will the union reimburse all the contractors employees who couldn’t feed their kids?
Or does the union only care about itself and ignore the rest.
A lot could have changed since they walked off.
“Im on my second Toyota. Will never look back.”
Same here. Me and wife have done well with Toyota. They just run and run.
Toyota is a well made, beautiful, practical automobile.
GM can suck it, and tell themselves it’s chewing gum.
Next, Ford.
General Motors members have spoken, said Terry Dittes
So Terry...you went on strike against yourselves?
Who were you speaking to - the mirror?
How do I get me one of them sweet GM jobs?
I just need it for a little while to pay some bills.
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