Ford: Car giant and union agree 'tentative' deal to end strike

mwguy@infosec.pub to politics @lemmy.world – 84 points – Ford: Car giant and union agree 'tentative' deal to end strike
bbc.co.uk

By Peter Hoskins Business reporter

Ford and the United Auto Workers (UAW) union have reached a tentative deal to end a six-week strike.

The agreement would be the first settlement of strikes by 45,000 workers against Ford, General Motors (GM) and Chrysler-parent Stellantis.

The deal still needs to be approved by union leaders and members.

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Mr Fain added that the agreement included a 25% wage increase over the life of the contract, while lowest-paid temporary workers would see pay rises of more than 150% over the period.

The union also won the right to strike Ford over future plant closures, he said.

I don't know what their goals were, or what else this deal includes, but I honestly hope that's not "it".

25% raise over 4.5 years is about 5.6% annually. That's still less than inflation most years recently. Hope they also got other improvements to benefits or working conditions.

The article also says right to strike over plant closures. They could strike anyway, but that'll mean Ford can't fire them for it. Job security. Also according to the guardian, that 25% is after cost of living adjustments, so it'll be an actual 25% and not chasing inflation.

Overall, I'd say that's decent, but obviously it's the auto workers who get to decide that.