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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 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.
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.
Nearly half of the auto company’s non-union U.S. salaried workforce will get an incentive offer to leave their jobs by year-end. It’s the latest cost-cutting move to hit the Big Three’s professional workers.
The automaker says that "challenging market conditions" is forcing them to offer a voluntary separation package to non-unionized employees
The buyouts represent half of the company's total salaried workforce in the U.S.