Posts tagged bankruptcy
Ford workers join those at GM in approving contract settlement that ended UAW strikes
November 20, 2023 // The United Auto Workers union overwhelmingly ratified a new contract with Ford, a pact that, along with similar deals with General Motors and Stellantis, will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fueled vehicles. Workers at Ford voted 69.3% in favor of the pact, which passed with nearly a 15,000-vote margin in balloting that ended early Saturday. Earlier this week, GM workers narrowly approved a similar contract. At Stellantis, 68.7% of workers favored ratification, an insurmountable lead with votes at only two small facilities left to be counted.
Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
November 16, 2023 // At least three major assembly plants representing 9,730, or 21%, of GM’s 46,000 UAW-represented employees have voted against the pact. They include 61% against at Lansing Delta Township plant in Michigan, which builds Buick and Chevrolet crossovers; 67.5% rejection at a Cadillac and GMC crossover plant in Spring Hill, Tennessee; and 52% opposed at GM’s Flint, Michigan, truck plant. A handful of other smaller plants also have voted against the deal. At Ford, the automaker’s Kentucky Truck Plant — its largest in terms of employment and revenue — had 54.5% of members vote against it. The UAW reached tentative deals with each of the automakers, so each is voted on separately. One or more could fail, while another ratifies. They are not contingent on one another.
‘Battle royale’: Tesla and anti-union Musk make enticing targets for UAW’s next push
November 5, 2023 // Some current UAW members are already fired up to take on Tesla. “Go out west to California? Absolutely, I would go,” said John Jake Kincaid, a Stellantis employee in Michigan. “Show them our strength.” Still, fighting for a contract at companies with established relationships with union workers is a far different effort than starting from scratch. Several workers who were key to Tesla’s earlier union effort are no longer at the company. The Fremont plant’s history with the UAW predates the electric vehicle maker. For about 25 years, Toyota and GM operated the facility together in an unusual joint venture. It was a union shop. In 2009, GM pulled out of the partnership as part of its bankruptcy proceedings and in 2010 Toyota shut the operation down, throwing 4,700 people out of work. A month later, Tesla bought the sprawling 5.3 million square foot factory; the union didn’t come with the purchase.
Blue Cross shares how much it would pay workers to end strike
November 1, 2023 // The proposal by Blue Cross to United Auto Workers, which represents the striking workers, calls for 23% to 33% in wage increases during the four-year contract, according to the insurer's calculations. It also would shorten the time for Blue Cross workers to progress the salary scale to reach top pay to 10 years, down from what the union says is now 22 years. This decadeslong wait has been an especially sore point for workers on strike, which include those in customer service, billing, claims and maintenance.
The Messenger Staffers Stir Unionization Talk Amid Whispers the Startup News Site Is ‘Out of Money’
October 26, 2023 // It’s not clear how many people were hired by the outlet, but in industry circles, it’s well known that the company in recent months dangled jobs to multiple journalists, but never offered actual contracts. Those who did get hired are now “quietly … pushing to unionize the newsroom,” according to The Daily Beast. They’re also lobbying for a company town hall to explain the Beckman’s comments, and to explain the whereabouts of Editor-In-Chief Dan Wakeford, who The Daily Beast said, “continues to be MIA.” It had reported in July that the former editor of People Magazine was “essentially ceding day-to-day newsroom duties to deputy editor Michelle Gotthelf.”
Opinion: Biden says he’s most pro-union president ever. But his policies hurt striking UAW workers
October 2, 2023 // Unfortunately, UAW leadership continues to advocate for their own best interests. Those who have worked in the auto industry know that negotiations must walk a fine line. If the Big Three have to file for bankruptcy protection, as General Motors and Chrysler did in 2009, all autoworkers are in a much more precarious position. UAW leadership has a responsibility to preserve their members’ jobs − securing raises that will improve their members’ standards of living, but that are not so excessive they threaten workers’ long-term job security. Moving forward, UAW leadership should target the real problem: Bidenomics. The UAW supported Biden in 2020 and enthusiastically endorsed his Inflation Reduction Act, despite the fact that it included electric vehicle subsidies that are accelerating the elimination of union jobs.
International Longshore and Warehouse US dockworkers union files for bankruptcy
October 2, 2023 // The union has been facing a looming trial on claims that it illegally slowed down operations over several years at the Port of Portland, then operated by an affiliate of Philippines-based maritime company, according to a Wall Street Journal report. The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI).
UAW demands cost-of-living salary adjustment as Americans feel pinch of inflation
September 26, 2023 // COLA, or cost-of-living adjustments to paychecks, are well-known by Social Security recipients, millions of whom live on a fixed income and carefully track the yearly, inflation-adjusted tweaks to their benefits. But for anyone else, the pay bumps that were baked into many union contracts for decades have fallen away over the last half-century. The government has even stopped tracking data on them. The prominence of unions in the 1970s and '80s also helped COLA numbers. Data from the BLS shows that 20% of American workers were union members in 1983 ‒ the first year for which comparable data are available ‒ versus 10% in 2022.
‘I have a pension; they don’t’: Why United Auto Workers are fighting to end a two-tier system for wages and benefits
August 30, 2023 // U.S. automakers over the years have justified tiering as a way to stay competitive because of globalization, Lichtenstein said. “Whether the automakers are doing well [financially] or not, they’ll say the competition, like Toyota, will eat our cake.” But “across the board, the rank-and-file hated [tiering],” said Marick Masters, a business professor at Wayne State University in Detroit. “It was a sore point from Day 1. They viewed it as discriminatory that people were doing same job and getting paid substantially less, and that [some workers were] treated as second-class citizens.”
Yellow closure affecting 800 Hoosier union truckers
August 21, 2023 // The nearly 100-year-old company was known for its “less-than-truckload” business model, meaning it delivered freight for multiple customers on the same truck. The company was significantly popular, growing to be one of “the Big Three” carriers in the country until trucking was deregulated in 1984. That meant nonunionized carriers could come to market, building competition for the big three.