Ford, GM lay off about 500 more employees, citing expanded UAW strike
Why it matters: Roughly 3,000 workers have been impacted by layoffs since the UAW strike against the Detroit Three began last month.
By the numbers: Ford has laid off 930 employees since the strike began. General Motors has laid off about 2,000.
- Ford announced 330 layoffs on Monday, after the company previously laid off 600 last month.
- General Motors laid off 164 employees on Friday at two of its metal centers.
Catch up quick: Before September, UAW had never simultaneously held strikes against Ford, GM and Stellantis.
- UAW President Shawn Fain expanded the historic strike last Friday after what he said was a lack of meaningful progress with Ford and GM in negotiations.
- About 17% of UAW membership at the Detroit Three, or roughly 25,000 workers, are on strike at 43 facilities in 21 states.
- The union is seeking a 36% pay increase and a return to traditional pensions and retiree health care. It is also looking for protection against the rise of electric vehicles, which they fear will use non-union labor.
- Stellantis made a substantial offer to the union, Fain has said. With Ford, the two sides have inched closer to an agreement on wages and benefits.
What they're saying: The strike, which started on Sept. 15, is at an "inflection point," Liz Door, Ford's chief supply chain officer, said in a statement on Friday.
- "If prolonged, this really could have a significant impact as it extends into our other Ford factories," she said. "We see anywhere between 325,000 to 500,000 employees that could be laid off."
Axios' Joann Muller contributed reporting.