UAW, Big 3 contract deadline approaches: Will strike continue?

Yahoo Finance Video
1 年前

Auto workers continue to strike against the Big Three — Ford (F), Stellantis (STLA), and General Motors (GM) — as ongoing negotiations fail to make "substantial progress." In the event an agreement is not reached by the noon deadline of Friday, September 22, strikes are expected to expand to additional manufacturing facilities.

The strike has prompted General Motors to lay off 2,000 employees at its Fairfax facility, while Stellantis is in the process of executing 368 layoffs across two of its manufacturing plants. Yahoo Finance's Rick Newman and Pras Subramanian analyze the profit margins of the Big Three and assess the impacts the United Auto Workers' (UAW) ongoing strike has had so far.

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