Posted on 08/10/2023 9:27:54 AM PDT by Red Badger
Aug 8 (Reuters) - United Auto Workers (UAW) union President Shawn Fain angrily tossed contract proposals from Stellantis (STLAM.MI) in a trash can on Tuesday, citing numerous concessions that the Chrysler parent is seeking in labor talks.
"Stellantis proposals are a slap in the face," Fain said during an online chat, disclosing the company is proposing cuts to health-care coverage, fewer vacation days for new hires, employer cuts to 401(k) contributions, and lifting a cap on the number of temporary employees. "Management has chosen to spit in our faces."
Advertisement · Scroll to continue During the chat Fain tossed a copy of the Stellantis proposal in a waste basket. "That's where it belongs - in the trash - because that's what it is," he said.
The July 27 company document seen by Reuters makes many proposals aimed at reducing absenteeism, which the automaker said cost it more than 16,000 vehicles of lost production, or $217 million in lost revenue.
Stellantis also seeks to cut pension, health-care and other costs, saying that amid government electric vehicle rules, it "is imperative we find ways to reduce the overall fixed cost structure of our business."
Stellantis said the cumulative increase in employee health-care costs over the next four years is expected to be $613 million.
The UAW also said the company opposes an end to two-tier wages, a practice of newer hires getting paid much less than veteran workers.
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Two people briefed on the matter told Reuters that automakers have estimated the UAW's contract demands could raise the current mid-$60-per-hour labor rate to more than $150 per hour.
(Excerpt) Read more at reuters.com ...
Just like their cars.
I'm confused. I thought the Dim unions assured us that health-care for the whole nation would be awesome and cheap with Obamacare. Why do they need it from their employer?
Blue Collar “Joe” to the rescue...
Holy crap, $150 per hour. I want a job.
That’ll go good with the $10/GALLON GAS.................
I won’t buy an American Car if the UAW is in any way involved in the production.
UAW monies are given to Leftist candidates. I won’t be part of it. At least if I am buying a Japanese care, I won’t be contributing to the downfall of my own country.
I don’t criticize anyone else if they have a different point of view on this.
It just is not mine.
Shawn Fain having a public Toddler Temper Tantrum. Go ahead you Union Buffoon, go on strike. Drive your employer OUT OF BUSINESS.
Maybe you expect Joey the Sniff to bail the auto industry out again. Is this how Democrats BUY Union Votes????
the intended purpose is to destroy free market Capitalism. overburden the corporation with entitlements and mandates. (see cloward and Piven strategy)
meanwhile Ford is expected to post nearly a 5 billion dollar loss due to their conversion to EV manufacturing.
Trash for trash.
I chose a terrible path in life.
Military then engineering.
I could be drunk and high collecting disability from a soft tissue injury via repetitive bolting…
What a professional negotiating tactic they are using. How mature of uaw.
Toyota all the way.
Don’t you remember. UAW got all these concessions for non taxable union benefits. The rest of us were taxed on luxury benefits, but the auto unions were exempt.
It’s a loss because nobody bought their overpriced ICE vehicles which were supposed to subsidize their EV program.
The UAW is the main reason why I haven’t bought a US made vehicle in 30 years.
And living in Maui.............................
If they contributed to both sides (as is often done) I might reconsider and call it a wash. But in their case, the only non-Democrats they donate to are corrupt RINO types, and in far smaller amounts, to boot.
"Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 on the basis of a 50–50 cross-border merger between the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. The company is headquartered in Amsterdam."
I know how to say "goodbye" in Italian, French, Spanish and Dutch, but will soon learn who to say "goodbye" in UAW. If not this time around, next....
Well gee they only want a 46% pay increase and a shorter work week. You won’t mind paying $100,000 for a Ford Focus will you?
The unions won’t be happy until every last union worker loses their job to China.
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