GM And Striking Union Workers Fail To Reach Agreement

GM And Striking Union Workers Fail To Reach Agreement

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Social Studies, Business

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The nationwide strike by United Auto Workers against GM has entered its fourth week, with negotiations deteriorating. UAW Vice President Terry Dittes expressed disappointment over GM's counterproposal, which made minimal changes to previously rejected terms. The union criticized GM for not valuing its workers' contributions. GM, however, stated its commitment to ongoing negotiations, emphasizing good faith and beneficial proposals. The strike is causing significant financial losses, with GM losing up to $90 million daily and workers losing over $30 million collectively. Nearly 50,000 GM employees are on strike.

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