Looming auto workers strike could cost $5 billion in just 10 days, new analysis says

3 years ago by return2ozma to c/news

A work stoppage by nearly 150,000 UAW workers would result in an economic loss of more than $5 billion after 10 days, according to Anderson Economic Group.
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ScoobyDoo27 44 points 3 years ago

These companies have been doing so good lately with everyone only wanting trucks and SUV’s as there is insane markup on those types of vehicles. The companies can afford to pass along some of those profits to their workers.

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menningeer 3 points 3 years ago

The Big Three have profit sharing. From 2022 profits, GM employees received $12,750. Ford employees get $1,000 per $1 billion in North American pretax profit. Stellantis employees got $14,760.

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