Ford warns extended UAW strike could result in up to 500,000 supplier employee layoffs
Former Chrysler CEO Bob Nardelli discusses the ongoing negotiation talks between the UAW and the Big Three automakers on The Claman Countdown.
After the United Auto Workers expanded its strike against Ford Motor Co. on Friday, the automaker warned that hundreds of thousands of employees' jobs could be at stake if the work stoppage goes on for too long.
The union launched its simultaneous but limited strike against Detroit's Big Three two weeks ago, starting with a Ford plant in Michigan, a General Motors plant in Missouri and a Stellantis plant in Ohio.
United Auto Workers members and supporters rally at the Stellantis North America headquarters on September 20, 2023 in Auburn Hills, Michigan. (Bill Pugliano/Getty Images / Getty Images)
Ford Motor Co.
In the UAW's second round of strike targets on Sept. 22, Ford was spared while union leadership, led by President Shawn Fain, told members to walk off the job at 38 parts distribution facilities for GM and Stellantis.
UAW EXPANDS STRIKES AGAINST FORD AND GM, NO NEW STRIKES AT STELLANTIS
But the union targeted Ford again in its latest expansion, announcing the shutdown of the automaker's Chicago assembly plant along with GM's assembly facility in Lansing, Michigan.
Ford CEO Jim Farley attends a Red Bull Racing unveiling of the team's new Formula One car during a launch event in New York City on February 3, 2023. Farley held a media briefing Friday providing an update on negotiations with the UAW. (ED JONES/AFP via Getty Images / Getty Images)
Following the escalation, Ford executives held a media briefing Friday afternoon where CEO Jim Farley said there was still time to make a contract deal that would «avert a real disaster, but not much more time, given the fragility
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