Offer to UAW hits ‘limit’ of Ford’s financial flexibility, executive says

France Nouvelles Nouvelles

Offer to UAW hits ‘limit’ of Ford’s financial flexibility, executive says
France Dernières Nouvelles,France Actualités
  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

The day after union workers walked out at the company’s largest factory, a top Ford official said the company can’t afford to offer more without hurting future prospects.

the company can’t raise the value of its offer to the United Auto Workers and stay viable, even as the union has begun a strike against the company’s biggest manufacturing plant.“We have reached our limit,” Kumar Galhotra, Ford Blue president, said during a call with reporters to discuss the latest walkout. “We’ve actually stretched ourselves to get to this point.”

The Louisville walkout, involving about 8,700 workers at the largest factory run by Ford, escalated a strike that began almost a month ago against Ford, General Motors and Stellantis. The strike now involves about 22 percent of the UAW’s 150,000 workers at those companies.The UAW said it took the step because Ford “refused to make further movement” in contract bargaining for better wages, benefits and job security.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

washingtonpost /  🏆 95. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Ford says ‘at the limit' of what it can offer striking UAW workersFord says ‘at the limit' of what it can offer striking UAW workersThe comments come a day after the union unexpectedly launched a strike at the automaker’s highly profitable SUV and pickup truck plant in Kentucky.
Lire la suite »

Ford says ‘at the limit' of what it can offer UAW as strikes escalateThe comments come a day after the union unexpectedly launched a strike at the automaker’s highly profitable SUV and pickup truck plant in Kentucky.
Lire la suite »

Ford says it's ‘at the limit' of what it can offer UAW as strikes escalateFord says it's ‘at the limit' of what it can offer UAW as strikes escalateFord’s comments come a day after the union unexpectedly launched a strike at the automaker’s highly profitable SUV and pickup truck plant in…
Lire la suite »

Ford executive: 'We have reached our limit' on UAW strike offerFord executive: 'We have reached our limit' on UAW strike offerThe UAW had no immediate comment Thursday.
Lire la suite »

Ford says it is 'at the limit' with UAW contract offerFord says it is 'at the limit' with UAW contract offerA senior Ford executive said Thursday the automaker is 'at the limit' of what it can spend on higher wages and benefits for the United Auto Workers.
Lire la suite »

Ford Says It Is 'at the Limit' With UAW Contract OfferA senior Ford executive said Thursday the automaker is 'at the limit' of what it can spend on higher wages and benefits for the United Auto Workers, and warned the union's strike at the company's most profitable factory could harm workers and slash profits.
Lire la suite »



Render Time: 2025-02-28 19:14:13