Start trading now on Poste Italiane

Stellantis, Ford furlough another 1,250 workers because of UAW strike

|

© FILE PHOTO: The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’ Delgado/File Photo

By David Shepardson

() – Chrysler-parent Stellantis (NYSE:) and Ford Motor (NYSE:) said on Friday they will temporarily lay off 1,250 employees due to the impact of the United Auto Workers strike.

Stellantis said it now has 1,340 employees on temporary layoff in three states because of the four-week-old strike after announcing the layoff Friday of 700 employees at two plants in Indiana.

Ford said it is temporarily laying off another 550 employees after the UAW walkouts at its Kentucky Truck Plant and Chicago Assembly Plant.

Ford said that starting on Monday it will be laying off about 300 employees at an Ohio transmission plant and about 250 at four Michigan plants along with 12 in Chicago. In total, Ford has laid off 2,480 employees since the strike began on Sept. 15.

Ford has warned that a dozen facilities could be impacted by the strike of the Kentucky Truck plant, its largest factory worldwide.

Just over 34,000 UAW workers at the Detroit Three are on strike.

General Motors (NYSE:) has about 2,300 employees on temporary layoff.

Previous Post
US consumer sentiment weakens in October
Next Post
Pfizer slashes revenue forecast on lower COVID sales, will cut costs

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Invest on crypto with Gianluca Vacchi project and start making money now
Win money trading on Amazon
INVEST NOW
keyboard_arrow_up