United Auto Workers Union Says Chrysler-Parent Stellantis Seeking Concessions In Bargaining Talks Including, Cuts To Medical Coverage
Portfolio Pulse from Happy Mohamed
The United Auto Workers Union has reported that Stellantis, the parent company of Chrysler, is seeking concessions in bargaining talks, including cuts to medical coverage.
August 08, 2023 | 3:45 pm
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Stellantis is reportedly seeking concessions in bargaining talks with the United Auto Workers Union, which could potentially lead to cuts in medical coverage.
Stellantis' reported move to seek concessions, including cuts to medical coverage, could potentially lead to labor unrest and negatively impact employee morale and productivity. This could, in turn, affect the company's operations and financial performance, thereby potentially leading to a decrease in its stock price in the short term.
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