Unifor Says Bargaining Committees Will Work To Negotiate Pattern Setting Agreement Ratified By Members At Ford Of Canada In Addition To GM Specific Issues; Negotiations With GM Cover About 4,300 Workers
Portfolio Pulse from Benzinga Newsdesk
Unifor, the union representing workers at General Motors (GM) in Canada, has announced that its bargaining committees will work to negotiate a pattern-setting agreement ratified by members at Ford of Canada, in addition to addressing GM-specific issues. The negotiations with GM cover about 4,300 workers.
September 25, 2023 | 7:09 pm
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NEUTRAL IMPACT
The negotiations between Unifor and GM could potentially impact the working conditions and wages of about 4,300 GM workers in Canada. The outcome could affect GM's labor costs and productivity.
The negotiations between Unifor and GM are directly related to GM's labor costs and productivity. Depending on the outcome, GM could face increased labor costs or disruptions in production, which could impact its financial performance. However, it's too early to predict the outcome and its potential impact on GM's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100