Ford CEO Farley Says No Current Talks With UAW: "Nothing Is Going On"; Ford CEO Says UAW "Is Not Negotiating" With Us, Union Busy Planning Strike"
Portfolio Pulse from Benzinga Newsdesk
In a recent interview with CNBC, Ford CEO Farley stated that there are currently no ongoing talks with the United Auto Workers (UAW) union. He also mentioned that the UAW is not negotiating with Ford, but instead is busy planning a strike.
September 14, 2023 | 8:22 pm
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Ford's ongoing labor issues with the UAW could potentially lead to a strike, which may disrupt the company's operations and negatively impact its stock price in the short term.
Labor disputes, such as potential strikes, can disrupt a company's operations, leading to production delays and financial losses. This can negatively impact investor sentiment and cause a decrease in the company's stock price.
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