UAW strike Day 4: GM threatens to send 2,000 workers home, Ford cuts 600 jobs::undefined

  • ViewSonik@lemmy.world
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    1 year ago

    I repeat… If you make $100,000 for 40 years straight that is $4M. This dude(Ford CEO) made $21M in a single year. Ford’s share buyback program in 2022 totaled $484M. GM’a share buyback program totaled $3.4B in the past twelve months. We live in a fucked up world. Meanwhile, Ford/GM/Stellantis employees cannot afford to even buy the vehicles they make or feed themselves decent food.

    • Shadywack@lemmy.world
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      1 year ago

      GM’s stock buyback program could also have afforded 24 years of employment with each person costing the company on average of 140k. I don’t know what they budget per FTE on the bargaining unit, but the amount they spent on stock buybacks could’ve been put to compensation for 24 fucking years.

  • blackwateropeth@lemmy.world
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    1 year ago

    I don’t know much about this strike, but I’m happy they’re doing it. Fuck the obscenely rich. I say double down on the strike with these cuts/threats

    • meco03211@lemmy.world
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      1 year ago

      That’s where I’m at with all these strikes and stuff. They could be bordering on crazy demands and I’d still support em mainly cause fuck the establishment.