UAW Eyes Strikes at Big Three With Talks Still "Far Apart"

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UAW Eyes Strikes at Big Three With Talks Still "Far Apart"

Bloomberg2023-09-13

Long strike would have wide-ranging impact on the US economyFarley says Ford and union are ‘absolutely ready’ for strikeThe United Auto Workers and the Big Three Detroit carmakers are still “far apart...

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Ford won’t budge on demands like a four-day work week, he said.“We’re absolutely ready for a strike and I know the UAW is too,” Farley told reporters in Detroit on Tuesday evening. “But we don’t want it to come to a strike.”The UAW and carmakers are haggling over big pay rises, cost-of-living allowances and other benefits the union has demanded, three people said. While Fain has allowed for some small compromises, such as lowering the pay increase demand to 36% from 40%, the union is holding its ground, the people said.The companies and the workers are under intense pressure to reach a deal and avoid a long, costly strike, which would have wide-ranging impacts on the US economy. A smaller strike that only affects a few plants would be easier for the union to financially swallow.In several, fiery online addresses Fain has exhorted the union’s 150,000 members to prepare for walkouts. He plans to speak to members in another online address Wednesday.The former Chrysler electrician said the UAW will negotiate 24/7 with companies until they reach a deal.“We’re still optimistic we’ll get a deal, but there is a limit,” Ford’s Farley told reporters. “There is a line in the sand for the sustainability of the company.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}