The gloves are apparently really off between those two. Well see where this goes thank you, caitlin. Good evening, im abii phillip, we bring with Breaking News that will have as massive impact on the entire United States economy. Less than two hours workers across the country are going on strike against the three auto makers. The first ever simultaneous of ford, General Motors and stellantis. Which owns jeep and chrysler. Were expected to hear from the president of United Auto Workers. 145,000 union members. Economic impact of 5 billion dollars. The union is demanding 40 pay increases. Better benefits and a fourday work week. Among the players in this whole saga is shawn fain, shes that uaw president who has been pretty unpredictable in talks so far. Also, the ceos of these companies who say that the demands will them out of business. Also there is the president himself. President biden. Hes under pressure both economically and politically tonight. First lets start with cnn Business Co
Stellantis laid off 199 workers Monday at Sterling Heights Assenbly and another 57 at the Mack plant in Detroit as it continues its brutal program of job cuts in the wake of the 2023 contract.
On Friday Stellantis announced further cost-cutting, stating that 400 US salaried employees in engineering, technology and software will be terminated as of March 31, about 2 percent of its salaried workforce.