'Big Three' auto workers ratify overhauled contracts - News Summed Up

'Big Three' auto workers ratify overhauled contracts


NEW YORK: Members of the United Auto Workers (UAW) have ratified the in-principle labor agreements promising sweeping pay increases that were reached with US car companies Ford, Stellantis and General Motors, a union source told Agence France-Presse (AFP) Saturday. "All three are ratified," the source said of the agreements, which were reached after an unprecedented strike that lasted more than six weeks. According to information published on the union's website Thursday, around 55 percent of hourly staff at GM voted in favor of the four-year contract. The striking workers returned to work after the agreements-in-principle were announced, rather than following the usual process of waiting for their ratification. The union had demanded a 40-percent salary increase over four years, to keep up with corporate compensation over the same period.


Source: Manila Times November 20, 2023 04:26 UTC



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