Viewsroom: General Motors strike runs on hot air
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 10 October 2019
⏱️ 20 minutes
🧾️ Download transcript
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| 0:30.1 | The views expressed on this podcast are those of the participants, not of Rogers News. |
| 0:40.9 | You're listening to The Views Room, a podcast brought to you from the staff of breaking |
| 0:44.4 | views. I'm your host, Jennifer Sabah, and joining me in the studio in New York is co-host |
| 0:48.9 | Anthony Curry. Hello, Anthony. Hello. And our colleague Anna Schimansky. Hi, Anna. Hello. |
| 0:55.0 | All right, so later in the program, I'm tossing the mic over to Hong Kong where Pete Sweeney |
| 0:59.0 | and Robin Mack will discuss the NBA in China. |
| 1:02.0 | But first, we're going to turn to General Motors. |
| 1:04.0 | It's been more than three weeks since the United Auto Workers have called a strike |
| 1:09.0 | and involves 48,000 workers, and it's cost GM more than |
| 1:13.0 | $1 billion, according to some estimates. The standoff only seems to be escalating. Luckily, |
| 1:20.4 | Anthony, you know the auto industry. So we kind of take us through this and how did this all come |
| 1:26.2 | about? Sure. What do you want to know first? Well, what I want to know first is really how did this all start? Because it seems like strikes to me is something that was maybe 20 years ago. Like I just didn't hear much about them. The last one, I think, was 2007. Okay. So what happens, and it wasn't a very long one. |
| 1:45.0 | So what happens is every four years, basically the union and the car makers have an agreement |
| 1:50.0 | for the hourly union workers that lasts for about four years. |
| 1:53.0 | So every four years, they come together and decide that we're going to start chatting about |
| 1:57.0 | what we do for the next four yearyear structural plan for paying and incentivize. |
... |
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