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2023-09-17 03:24:09
in reply to

Allan Chow on Nostr: npub1k4qml…73lsq npub1mmfwx…4eknq "At the same time, the UAW agreed to $11 ...

"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
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