Ford GM Stellantis UAW Strike
- Thread starter Weather Man
- Start date
Exactly.
The $5k/week number is generated by the company...but only divided out by UAW members.
GM has 58,000 white collar employees and 46,000 UAW employees.
Also, I'm not arguing that UAW employees don't make profit...but profit isn't made in the production line, it's made in the labor and parts negotiations, tax decisions, location decisions, import/export decisions, etc. That is where the VAST majority of that money is made or lost.
So how much profit is left over for the company per employee if the UAW got everything it asked for?
Yep. Not aware of much white collar salary increase in this inflation bitch fest over the last 2 years. Yes, it sucks. Deal.
Rough math
GM has 167,000 employees worldwide.
GM Site
If they are making $5,000 profit per employee per week = 167,000 X $5,000 = $835,000,000 per week in PROFIT. Of course the UAW contributes 100% of that.
52 week per year X 835,000,000 per week = $43,420,000,000 profit per year. Last I check, they make ~1/4 of that in current economic environment.
Love the UAW's gorilla math and their membership who actually believes it. Make's them look even more stupid
GM has 167,000 employees worldwide.
GM Site
If they are making $5,000 profit per employee per week = 167,000 X $5,000 = $835,000,000 per week in PROFIT. Of course the UAW contributes 100% of that.
52 week per year X 835,000,000 per week = $43,420,000,000 profit per year. Last I check, they make ~1/4 of that in current economic environment.
Love the UAW's gorilla math and their membership who actually believes it. Make's them look even more stupid
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He must only be figuring in members of the UAW. Do the math on that and see what it is. I'm curious.
Convenient figures for sure. Make's for great headlines.
Based on 12Cobra's 46,000 employee, you get ~$12B per year. That has roughly been GM's net income recently, which the union has contribute 100% of that to be sure. Problem is, there are 3X more employees all contributing to that as well.
It's still ridiculous math and an absurd conclusion.
The facts say that the domestic's are doing well to hit a 10% gross margin. Typically they are 5-8%. To every other industry, those are atrocious margins. It's a very capital intensive business, that has to make BIG bets YEARS in the future, with no guarantees. Make bad investments, or lock themselves into high fixed cost structures and the economy turns south, can spell the kiss of death. For christ's sake, does everyone have amnesia? Look back to '08-'09. Does anyone want to repeat that???
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Rumor as of today....possibility of being off from Thansgiving till the end of the year. They best get their shit together.
Is this for you at Bosch??? How reliable are civilian rumors vs Navy ones from the "smoke pit"???
I heard Ford was using a nondisclosed amount of non union workers to run the Kentucky plant.
Correct.
Yeah at Bosch and what we just got told 30 minutes ago in a meeting that IN HIS OPINION something is going to give at work if they don't go back to work. The supply line of injectors is full ahead of us.
At what point is Fain morally obligated to allowing membership to vote on the proposals that are being presented?
Maybe give those ordered to strike 2:1 voting rights vs. the ones still working? Let's make it fun.
Lmao. Moral.
My old boss in Charleston at Boeing when I worked there told a story when he worked at Boeing in Everette. Said they went on strike and Boeing fired them all. Started training new people and said if they wanted a job there it would cost them a lower pay. Most of them took as he did.
That's what I heard too.
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