Automakers Furlough More Workers as Strikes Continue
American automakers have furloughed more workers as the United Auto Workers (UAW) union continues to negotiate a new contract with Ford, General Motors and Stellantis, according to a new report from Reuters.
Ford has made a new contract offer as it navigates the UAW strike, which has now lasted over 19 days, and has impacted production across multiple facilities, according to the report. In total, the companies have furloughed and laid off over 2,000 employees across the country.
Anderson Economic Group on Monday estimated total losses from the first two weeks of the strike at $3.9 billion, including $325 million in wages, $1.12 billion in losses for the Detroit Three, $1.29 billion for suppliers and $1.2 billion for dealer and customer losses, Reuters said.
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