TECH - Ford Strikes Tentative Labor Agreement With Canadian Union Narrowly Avoids Second Strike | Benzinga
Ford Motor Co. (NYSE:F) has successfully reached a preliminary labor agreement with Unifor, the Canadian labor union, averting a potential second strike within a week, The Wall Street Journal reported.
The negotiations with Unifor were proceeding in tandem with talks with the United Auto Workers (UAW) union in the U.S., resulting in added pressure on Ford and its Detroit rivals, General Motors and Stellantis.
The new agreement, whose details remain undisclosed, will affect approximately 5,600 members at Ford’s Canadian facilities. Unifor plans to present the agreement details to its members prior to a ratification vote.
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Unifor had been advocating for better pensions, higher wages, and support for workers as Ford transitions to ...