Automakers Lay Off Thousands as UAW Strike Drags On, Causing Hardship for Workers and Likely Price Hikes for Consumers
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Automakers including Ford, GM, and Stellantis have laid off over 4,800 workers amid the ongoing UAW strike. Additional suppliers have also cut jobs.
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The UAW strike is nearing one month, as negotiations continue over demands like better benefits and pay. A sticking point is the transition to EVs.
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Over 30,000 UAW members across 22 states are now on strike after Mack Truck workers joined picket lines.
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Tentative agreements have been reached with some automakers, but workers remain on strike until contracts are authorized.
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UAW workers lack strike pay currently, causing financial hardship. Analysts say vehicle prices will likely increase for consumers due to strike impacts.