Workers at General Motors (NYSE:GM) have gone on strike for the first time in 12 years, causing GM stock to drop over 4%.
Largest Single Strike in the US Since 2007About 46,000 full-time and part-time employees represented by the United Auto Workers Union walked out at 31 GM factories and 21 other facilities in what is the largest single strike in the US since the last GM strike in 2007. The UAW is hoping to improve healthcare benefits and earnings for its members, with particular focus on temporary workers who carry out similar tasks to ...
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