General Motors Says Latest Offer To UAW Includes 20% Wage Increase For Most Employees
Portfolio Pulse from Benzinga Newsdesk
General Motors (GM) has proposed a 20% wage increase for most of its employees in its latest offer to the United Auto Workers (UAW).
October 09, 2023 | 5:48 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
General Motors' latest offer to UAW includes a 20% wage increase for most employees, which could potentially increase labor costs.
The proposed wage increase by GM could lead to increased labor costs, which could potentially impact the company's profitability in the short term. This could negatively affect the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100