Stay updated with breaking news from Production Workers. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(Reuters) -General Motors said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January. The largest U.S. automaker said 945 workers will be laid off at its Orion Assembly plant, which is ending production of the Chevrolet Bolt EV and being converted for electric truck production that will start in late 2025. Final production of the Bolt at Orion is set for next week, GM said.
Discover the FY 2024 increase in the H-2B visa cap, a key step to mitigate US labor shortages. Learn its impact on businesses and foreign workers.
Concern is growing among execs at GM, and likely leadership at the United Auto Workers (UAW), after workers at several GM plants voted to reject the tentative labor deal.
Canadian autoworkers ratified a new labor agreement with Ford Motor Co. on Sunday, averting a threatened strike and potentially setting a precedent that could play out in the United Auto Workers' strike at automaker facilities in the U.S. The new agreement raises base hourly pay for production workers by almost 20% over three years, and by more than 25% for trade workers, the Canadian autoworker union Unifor said. Ford described the pact as a 15% wage increase over the three year life of the agreement.
The money automakers spent on stock buybacks to raise shareholder profits, rather than on wages or investments in a green future, helps explain why workers are stepping up the pressure.