"You make almost $30 million. Why should your workers not get the same pay increases that you're getting leading the company?"
General Motors, $GM, CEO: "My compensation, 92% of it is based on performance of the company... When the company does well, everyone does well."
Elizabeth Warren has said: GM CEO’s $29 million pay is 362x more than its median worker.
General Motors, $GM, CEO: "My compensation, 92% of it is based on performance of the company... When the company does well, everyone does well"
9/17/2023
Stellantis CEO’s $25 million pay is 365x more than its median worker.
Ford CEO’s $21 million pay is 281x more than its median worker.
United Auto Workers has started its strike Ford, General Motors, and Stellantis. Thousands of autoworkers will hit the picket line and shut down key plants across the country.
This is the first time in history the union is striking all of the Big 3 at once. They've announced targeted stand-up strikes at three plants, one per company.
They include General Motors: Wentzville, MO Stellantis: Toledo, OH Ford: Wayne, MI
A protracted and coordinated strike organized by the United Auto Workers (UAW) union against the Detroit Three automakers has the potential to disrupt production significantly, leading to potential increases in vehicle prices and worsening supply-chain disruptions, analysts have cautioned.
Read more: https://unusualwhales.com/news/the-uaw-will-strike-against-ford-f-general-motors-gm-and-stellantis-stla-starting-tonight
Trump has told Walmart, $WMT, to 'eat the tariffs' instead of raising prices
5/17/2025 11:59 PMMoody’s downgrades US credit rating to Aa1 from Aaa
5/17/2025 4:55 AMYouTube, GOOGL, viewers will start seeing ads after ‘peak’ moments in videos
5/16/2025 7:55 PMCEOs say that just a fraction of AI initiatives are actually delivering the return on investment they expected
5/16/2025 7:51 PM
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