• 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
  • ‘NEETS’ and ‘new unemployables’: Why some young adults aren’t working
  • Thales Reinforces Its eSIM Management Leadership With Google Cloud Certified and Energy Efficient Services
  • White House aims to make it easier for consumers to get refunds and cancel subscriptions
  • Pending home sales drop to a record low, even worse than during the financial crisis
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

Maersk halts Red Sea shipping until further notice after Houthi...

January 4, 2024

See inside Ford’s new tech campus, a century-old Detroit train...

June 4, 2024

Honda recalls more than 330,000 vehicles due to mirror issue

March 30, 2023

Albertsons sues Kroger after judge rules against grocery merger

December 11, 2024

Bed Bath & Beyond comes back as an online retailer

August 1, 2023

Pandemic aid officials who overpaid vulnerable renters are saying, ‘We...

September 24, 2023

Will schools finally pay student-athletes? What a historic settlement means...

May 25, 2024

Amazon is raising free-shipping minimums for some customers who don’t...

August 31, 2023

Dow slips for first losing day in nine as consumers’...

May 15, 2024

Balancing a fixed income with inflation, a Georgia retiree feels...

July 26, 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

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,632 views
    • 2

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

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,320 views
    • 4

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

      July 10, 2024 2,302 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

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

      June 27, 2024
    • 2

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

      August 9, 2024
    • 3

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

      June 25, 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

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    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

    What CEOs talked about in Q4/2022

    January 18, 2023

    Walmart says users of weight loss...

    October 9, 2023

    Home Depot earnings beat Wall Street...

    February 26, 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