• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick General Motors idles another auto plant, sending 2,000 workers home as strike deepens
Editor's Pick

General Motors idles another auto plant, sending 2,000 workers home as strike deepens

by September 21, 2023
by September 21, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

General Motors said Wednesday it idled a manufacturing plant in Kansas, and laid off almost all of the approximately 2,000 people working there.

The automaker said in its announcement that there is no work available for most of the people at the Fairfax assembly plant because workers at another GM facility went on strike last Friday.

Additionally, the company said, it cannot provide supplemental unemployment benefits ‘due to the specific circumstances of this situation.’

Also Wednesday, Stellantis, the maker of Chrysler, Jeep and Dodge vehicles, said it is laying off 68 workers in Ohio, and another 300 layoffs in Indiana could soon follow.

The automaker said it was laying off employees at its Toledo machining plant in Perrysburg, Ohio, because of ‘storage constraints.’ It said it expects to do the same at its transmission and casting facilities in Kokomo, Indiana.

The United Auto Workers union went on strike Friday after its previous contract with Stellantis, Ford and GM expired. Some 12,700 workers walked off the job.

The layoffs are another sign that both sides are digging in as the first week of the strike soon comes to a close.

Meanwhile, UAW has said more workers will strike at noon Eastern time Friday unless there is ‘serious progress’ toward a new contract.

The union is seeking 40% hourly pay increases, a 32-hour, four-day workweek, a shift back to traditional pensions, the end of compensation tiers and the restoration of cost-of-living adjustments.

The Big Three automakers have offered roughly 20% increases in hourly pay, thousands of dollars in bonuses, and retention of the union’s platinum health care, along with other improvements in benefits.

The UAW is using a targeted strategy in its strikes, having workers walk off the job at specific manufacturing sites on short notice in order to make it harder for the automakers to anticipate their plans and work around them.

So far, workers are on strike at GM’s midsize truck and full-size van plant in Wentzville, Missouri; Ford’s Ranger midsize pickup and Bronco SUV plant in Wayne, Michigan; and Stellantis’ Jeep Wrangler and Gladiator plant in Toledo, Ohio.

The Big Three automakers are already announcing layoffs at facilities or departments where they say there is no work because of stoppages elsewhere.

Late Friday afternoon, Ford said it laid off 600 employees in Wayne.

This post appeared first on NBC NEWS
You Might Also Like
  • Baby boomers and their cash are driving the housing market right now
  • Why Honeywell CEO Vimal Kapur doesn’t think the AI payoff will come from productivity
  • Becoming a nurse during Covid, a former producer doubled her hours but found a purpose
  • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Ramaswamy unveils plan to ‘declare economic independence from China’ in upcoming policy speech
next post
When Calendar Ranges, Leadership, Momentum and Price Align

You may also like

Inflation ticks upward to 3.7% in August as the Fed’s...

September 14, 2023

Capital One and Discover merger approved by Federal Reserve

April 19, 2025

Reddit targets international users for ad growth, teases bolstered search...

November 28, 2024

The great American jobs machine keeps revving in an election...

February 3, 2024

ONE announces project with Sony Network Communications Europe to create...

February 20, 2023

Nvidia passes Apple as world’s most valuable company

November 7, 2024

Federal Reserve credits Taylor Swift with boosting hotel revenues through...

July 15, 2023

Thousands of schools turn to apps to prevent violence

November 8, 2023

SEC Chair Gary Gensler will step down Jan. 20, making...

November 22, 2024

Disneyland characters and parades cast members launch unionization effort

February 15, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

      June 20, 2025
    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,578 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,417 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Oil prices rise more than 1% as Israel vows to...

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New...

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year,...

      June 20, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Trump Media shares sink to new...

    September 12, 2024

    Elon Musk’s brain implant company Neuralink...

    May 26, 2023

    Trump-Bezos call sets stage for tense...

    May 1, 2025
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here