npub1k4qmle0sq0u0fwfz8l7zr85j3ag07z0v3lzj7xrkz5v6sfxdd00ss73lsq (npub1k4q…3lsq) npub1mmfwxp0jkw6un7hf75k0p8kpemm4smau2c4m8ea2w7r7v52lhjusx4eknq (npub1mmf…eknq) "At the same time, the UAW agreed to $11 billion in labor cuts, twenty-one thousand layoffs, a wage freeze for workers, a tiered wage system for new workers, a no-strike agreement until 2015, and the transfer of retirees’ health care and pension benefit costs from GM to the UAW, in order to save GM $3 billion. The union is still fighting to regain the ground they lost from these concessions."
https://jacobin.com/2023/09/united-auto-workers-uaw-strike-big-three-automakers-stock-buyback-shareholders