The UAW and Ford have reached a tentative agreement that, if ratified by the workers, could end the six-week strike. This deal would not affect the UAW strike that is continuing against GM and Stellanis. There are huge wins for the UAW with Ford, including a 25% hike in base wages through April, 2028. Cost-of-living adjustments will raise the top hourly wage by over 30% to over $40 by the end of the contract. Starting wages will increase, and wage tiers have been eliminated.
Read the full story by Lauren Kaori Gurlev and Jeanne Whalen for the Washington Post, published October 25, 2023, here: https://www.washingtonpost.com/business/2023/10/25/uaw-strike-ford-updates/