Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(115,276 posts)
Sun Sep 17, 2023, 02:14 PM Sep 2023

'No go': UAW president rejects Stellantis wage increase offer

The president of the United Auto Workers on Sunday rejected a public offer by Jeep parent company Stellantis to boost pay 21 percent over four years, pushing a historic, coordinated strike against the nation’s three biggest carmakers into a third day.

Stellantis, which is based in the Netherlands and was formed in 2021 through a merger of Fiat Chrysler and France’s Peugeot, said Saturday that it had offered the union a “highly competitive” 21 percent wage increase. The union said it had “reasonably productive” conversations with Ford on Saturday and was planning to meet with GM as well. Both of those companies have offered 20 percent raises over four years.

But on Sunday morning, UAW President Shawn Fain said that Stellantis’s 21 percent offer and other terms presented by the automakers aren’t sufficient and that the strike will continue.

“That’s definitely a no go,” Fain said on CBS’s “Face the Nation.” He added: “We’ve asked for 40 percent pay increases. And the reason we asked for 40 percent pay increases is because in the last four years alone, the CEO pay went up 40 percent.”

https://www.washingtonpost.com/nation/2023/09/17/uaw-strike-offer/

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
'No go': UAW president rejects Stellantis wage increase offer (Original Post) Yo_Mama_Been_Loggin Sep 2023 OP
This is disappointing. piddyprints Sep 2023 #1

piddyprints

(14,815 posts)
1. This is disappointing.
Sun Sep 17, 2023, 03:41 PM
Sep 2023

Why don't the CEOs just do the right thing? How can anyone think they're worth that much while throwing crumbs to the workers who make the companies successful?

Latest Discussions»Issue Forums»Omaha Steve's Labor Group»'No go': UAW president re...