Ford, UAW reach tentative deal to end strike including record pay raise
Ford, UAW reach tentative deal to end strike including record pay raise
The United Auto Workers union reached a tentative labor deal with Ford, the first of Detroit's Big Three car manufacturers to negotiate a settlement to strikes joined by 45,000 workers.
The proposed accord, which UAW's leadership must still approve, provides a 25% wage hike over the 4-1/2-year contract, starting with an initial increase of 11%.
The Ford deal, which could help create a template for settlements of parallel UAW strikes against General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI), would amount to total pay hikes of more than 33% when compounding and cost-of-living mechanisms are factored in, the UAW said.
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Disney+ abonament can go up 80% and nobody cares. Union asks for 25% raise...and it's shocking
(And, yeah, regular household needs to face much more than just the Disney+ fees)
I think most people support the union on this one. Polls show overwhelming support, across the political spectrum.