GM and UAW Resume Negotiations Amidst Ford Labor Agreement and Ongoing Strike Impact

Company CultureHigh Tech / High Touch
Written By Jennifer Joslyn

Negotiations between General Motors (GM) and the United Auto Workers (UAW) resumed in an effort to reach a labor contract deal and end a six-week-long strike. Talks with Chrysler's parent company Stellantis were also scheduled to resume soon. Ford Motor recently negotiated an agreement, which is expected to set a pattern for GM and Stellantis contracts, including a 25% wage hike over the contract's duration and other benefits. The strike has cost Ford $1.3 billion in earnings and 80,000 vehicles, according to Ford's CFO.

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Jennifer Joslyn
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