Also they made a point to say this last strike was announced right after the GM Earnings was reported. Ford announces their earnings on Thursday and Stellantis next Tuesday. I am of the opinion that they will wait for all the earnings to come out as it seems Mr Fain thinks that if the companies have good earnings, that gives more power to the demands. If they all had a good quarter last quarter, as I suspect they did, that will only prolong the strike, and thus I do not see any end to the strike until at least all 3 have reported earnings. After that, I hope they see the gas tank is emptied and everyone can get back to work maybe next week or the week after.....Seeing as today they started striking the GM plant in Texas that makes the Suburban/Yukon/Tahoe/Escalade, I’d say things aren’t trending in a positive direction.
meh have you seen ford stock? It's not really a cash cowAlso they made a point to say this last strike was announced right after the GM Earnings was reported. Ford announces their earnings on Thursday and Stellantis next Tuesday. I am of the opinion that they will wait for all the earnings to come out as it seems Mr Fain thinks that if the companies have good earnings, that gives more power to the demands. If they all had a good quarter last quarter, as I suspect they did, that will only prolong the strike, and thus I do not see any end to the strike until at least all 3 have reported earnings. After that, I hope they see the gas tank is emptied and everyone can get back to work maybe next week or the week after.....
I also thought it was interesting that he made a point to mention Ford announcing dividends during all this. The market is an important part of any public company so those things must continue or else the company also will suffer. I wonder how many UAW employees are stockholders......I bet almost every one of them has holdings within their 401k, either directly or in a mutual fund, so it behooves everyone that the company survive, and dividends for a large value company is all but expected.... The dividend they reported last quarter was pretty consistent over the last few years and really should not have been any surprise.
I'm been following Ford Authority. They have updates every day about what's going on with the strike, so I'll just go there once a day for the latest.Anyone have any "insight" on current status or any info on when it will end? Post it here.
Thank you!!I'm been following Ford Authority. They have updates every day about what's going on with the strike, so I'll just go there once a day for the latest.
https://fordauthority.com
Make the vehicles cheaperDump the UAW and just hire who wants to work.
That's not how economics work. Workers want more money you have to make the product cost more. No business goes into business to break even. You need money to expand.Make the vehicles cheaper![]()
If workers go to another job, they cease to be on strike. Ford can hire replacement workers.My state is not a union state, so I don't know how the law works. I'm hoping somebody can enlighten me.
Is there anything the manufacturers can do?
What if the UAW members just refuse to come back to work and were to go get other jobs, could the manufacturers ever hire replacement workers?
How long can the workers strike before the employer has some rights?
Thank you for the replyIf workers go to another job, they cease to be on strike. Ford can hire replacement workers.
While on strike Ford cannot hire replacement permanent workers. They do have the ability to claim that the union is not arguing in good faith and proceed to replace those workers but if they can’t prove it in court they could face federal lawsuits. Note that “in good faith” does not mean that you personally think they’re asking for things you think are unreasonable. It means that they refuse to talk or negotiate or meet with you, or ask for objectively impossible things (such as asking for million dollar salaries for each worker). These lawsuits would take years and could include an injunction. Neither side wants this. It’s in everybody’s best interest to keep talks going. But there is no time limit to a strike, if there was there’d be no bargaining power for labor. It would defeat collective bargaining protections.
The whole system needs to crash and burn in an epic dumpster fire and rebuilt from the ground up.If workers go to another job, they cease to be on strike. Ford can hire replacement workers.
While on strike Ford cannot hire replacement permanent workers. They do have the ability to claim that the union is not arguing in good faith and proceed to replace those workers but if they can’t prove it in court they could face federal lawsuits. Note that “in good faith” does not mean that you personally think they’re asking for things you think are unreasonable. It means that they refuse to talk or negotiate or meet with you, or ask for objectively impossible things (such as asking for million dollar salaries for each worker). These lawsuits would take years and could include an injunction. Neither side wants this. It’s in everybody’s best interest to keep talks going. But there is no time limit to a strike, if there was there’d be no bargaining power for labor. It would defeat collective bargaining protections.