The United Auto Workers union has turned up the heat on General Motors as 5,000 workers walked off their jobs Tuesday.
FILE - United Auto Workers members walk the picket line during a strike at the Stellantis Sterling Heights Assembly Plant, in Sterling Heights, Mich., Monday, Oct. 23, 2023. The United Auto Workers union has turned up the heat on General Motors as 5,000 workers walked off their jobs Tuesday at a highly profitable SUV factory in Arlington, Texas.The Texas strike brings the total ofthat have walked off their jobs to 46,000 in a series of strikes that is entering its sixth week.
But GM CEO Mary Barra said on Tuesday morning's earnings conference call that the company already has made a record offer and won't agree to a contract that jeopardizes the company's future. The union said the move came just hours after GM announced quarterly earnings and four days after Fain said GM's latest offer wasn't large enough.
Fain said in a prepared statement that GM beat Wall Street expectations, and its offer lags behind Ford, preserving a two-tier wage structure and offering the weakest 401 contribution of all three companies at 8%. "It's time GM workers, and the whole working class, get their fair share," Fain said.
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