The Damage Report
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UAW Strikers Hit MONUMENTAL Triumph After Stunning Ford Power Play
Posted
October 26, 2023
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4:43Now PlayingUnited Auto Workers union and Ford Motor reach a tentative deal with a monumental pay increase after over month-long strike once the UAW organized a powerful strategy targeting the most profitable plants for the big three auto companies across the nation. Rayyvana and Sharon Reed break it down on The Damage Report.
Read more here:
Ford, UAW reach tentative deal to end labor strikes
"DETROIT – The United Auto Workers union and Ford Motor have reached a tentative agreement that will end a nearly six-week strike at the automaker, the union announced Wednesday night.
The tentative deal, which was first reported earlier by CNBC, includes 25% pay increases over the terms of the agreement and will cumulatively raise the top wage to more than $40 an hour, including an increase of 68% for starting wages to over $28 an hour.
It also includes reinstatement of cost-of-living adjustments, a three-year path to top wages and right to strike over plant closures. among other significantly enhanced benefits."
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