Ford CEO says UAW proposal could force bankruptcy streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
"You want us to choose bankruptcy over supporting our workers," Farley, in a CNBC interview, said of the UAW proposal. Farley said if the UAW proposal had been in effect since 2019, instead of making about $30 billion in profits over four years, the company would have lost about $15 billion "and gone bankrupt by now."
(Reuters) - Ford Motor Chief Executive Jim Farley said Thursday the United Auto Workers union proposal to hike wages by 40%, cut workweeks and add new.
Ford Motor Chief Executive Jim
Farley said Thursday the United Auto Workers union proposal to
hike wages by 40%, cut workweeks and add new pension benefits
could bankrupt the company. .
Ford CEO says UAW proposal could force bankruptcy streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.