Ford CEO Jim Farley: No way we would be sustainable as a company with UAW's wage proposal

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Jim Farley, Ford CEO, joins CNBC's Phil LeBeau to talk a pending UAW strike, negotiations with the union and what a strike would mean for the company. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Опубликовано:

13 сен 2023

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Комментарии : 1,2 тыс.

@wingznut76 8 месяцев назад

I don't work at Ford, but what I'm hearing is there is money for everyone except those who actually make the product.

@gregorylyon1004 8 месяцев назад

That's the way the world works. The more physical labor you do, the less you make. It's a pyramid scheme. The bigs make the real money

@thetruthserum2816 8 месяцев назад

Coming from a guy who makes $2.80 per second, he has the nerve to talk about the average worker making 60K a year... Out of touch indeed... They feel entitled, no need to share "Capitalism is only for the wealthy", you're only entitled to a pittance... He literally made $717 in the time it took for this interview!

@kevinulises9783 8 месяцев назад

Anyone with half a brain could take on those jobs, they simply cannot get paid that much.

@pomp4401 8 месяцев назад

@@thetruthserum2816 That's because he is in a valuable position to earn higher than the average worker. Would you complain that janitorial workforce should get paid like doctors?

@karenjewell6543 8 месяцев назад

@pomp4401 the top five Executives made 71 million dollars last year..Good for them, except they don't want to give hourly workers a competitive wage... in spite of the fact that we gave back cost-of-living and a whole lot of other things in 2008 when the company was tanking.. they're rolling on huge profits, they just don't know how to share nicely.. they're going to learn now

@joshkrebs1999 8 месяцев назад

I am UAW for John Deere. I was involved in the 2021 strike. The company was singing a similar song about how paying us fairly would result in bankruptcy. The contract that we signed was worth $3.5 billion. In 2022, Deere made roughly $7.1 billion in profits. Currently, for 2023, they have made $10 billion in profit. The big 3 will be just fine if they pay their workers a decent wage. Perhaps Ford should focus on increasing quality, eliminating dealership price gouging, and improving delivery times. That will make up for the pennies that they might lose by keeping a sustainable workforce.

@dwightk.schruteiii8454 8 месяцев назад

An average of 300k per employee? Are you dumb?

@Joe-kx7bl 8 месяцев назад

The price gouging really needs to stop. Why I put a new engine in my Tahoe instead of buying a new one.

@joshkrebs1999 8 месяцев назад

@Joe-kx7bl I ordered a Maverick Hybrid last September, knowing that I was in for a wait. I got "lucky" and my Maverick was built in March. I still don't have my vehicle. Every time I call Ford, it's a different story. I also ask about what they plan on offering me for the extended wait and I get told, "We cant do anything for you." How can you treat your customers like this and sleep at night?

@lukecassady1802 8 месяцев назад

@@joshkrebs1999the problem with those vehicles are they come from Mexico! Poorest quality vehicles built within the company come from overseas, so please double check it when you get it. I’m sorry you’re dealing with the corporate run around like we are! Members think about the consumers like you; corporate doesn’t even care! Listen to the way they talk in the news stream; it’s all about saving face!

@mikegalanos9604 8 месяцев назад

AMEN BROTHER thanks for paving the way for us.

@blackout07blue 8 месяцев назад

They pay an average of $17/hour. And even less to workers they deem “temp workers”.

@rashbags6690 8 месяцев назад

I make 16 as a temp for gm lol

@thetruthserum2816 8 месяцев назад

and their EPS goes up mostly because of stock buybacks, which the execs sell on the buyback, so you know it's a farce.

@Marcus1074 8 месяцев назад

well he claimed in this interview that the average full wage will rise to 300K/yr (with benefits) at 4 day/wk.. meaning, 32 hrs/wk x 52 weeks = 1,664 hrs/yr = Automakers avg labor hr cost of $180/hr .. I wasn't agreeing with the strike but i can't side with lairs claiming $180/hr on tv, I don't blame the UAW for not counter offering. these entitled white collars needs a reality check, I hope they get one and the workers comes better off at the end,

@ls93780 8 месяцев назад

only some employees are paid at that $17 an hour mark, many longtime employees earn $33 an hour.

@ls93780 8 месяцев назад

⁠@@Marcus1074 It’s not as crazy as you think it is, overtime pay is a thing and one of the UAW’s demands is 40 hours of pay for 32 hours of work, those two things on their own represent are multiplicative and represent a 75% increase in hourly wages, and that’s just assuming that workers are only going to be working 32 hour weeks. I’m assuming that part of the demands is that overtime pay (1.5x the wages per hour) would start after 32 hours as opposed to after 40 hours. There’s a lot of things your employer pays for that you don’t notice, your hourly wage isn’t the same thing as net compensation. I don’t know for sure but I think if you ask whoever does payroll at your employer you might be able to get your net compensation figures ( don’t ask for anyone else’s just your own). From my experience and what I understand your employer pays most of your monthly health insurance premiums, i believe they also pay half of your income taxes as well. Some states also have thresholds for double time where the overtime bonus goes up to 2X the hourly wages. Some pf the claims the UAW is making involves claims of working 50, 60, even 70 hours per week in one article I saw. If I’m reading this correctly and assuming the guy who worked $17 an hour worked year round 60 hours a week, after the demands get met that person is easily in 6 figure salary territory.

@nestorhermosillo8915 8 месяцев назад

Taking smaller bonus and salary increase never even enters their mind.

@toddtheisen8386 8 месяцев назад

Thirty years corporations/executives have gotten away with shrinking wages and benefits for the actual production workers. Meanwhile, executive pay and bonuses go through the roof. Time to pay the piper. The workers are the many. Executives are the few. The many are no longer afraid of the few.

@spiros2310 8 месяцев назад

Lol.

@systemsh0wd0wn 8 месяцев назад

100%!! overhead staff have been chipping away over the years in wages/benefits/pensions/bonuses while the workers that actually do the work have been getting shafted.

@Tangvu 8 месяцев назад

Maybe you should try doing the executive's job, and then we'll see how you feel about people complaining about your salary and slinging mud at you for simply doing your job. This is how capitalism works. People want all the benefits of capitalism, but don't want to deal with any of it's necessary downsides. Had Ford's labour force just invested a chunk of their money into Ford's shares, or the share of other businesses, they'd be quite wealthy right about now, with the labour force and executive team having aligned incentives. More importantly, they'd understand why wage increases can really harm a business. This populist rhetoric of the workers controlling the business and being paid "poorly" is tired and poorly informed. Ford and many other companies will just be incentivised to replace the labour force with robots that won't complain about pay, take annual leave or sick leave. Unions are the reason why so many American jobs went overseas, and to this day the current labour force still doesn't understand this.

@dp8230 8 месяцев назад

And everyone will be replaced by robotics soon though if this keeps up , just saying

@kylewilliamholdsworth3737 8 месяцев назад

@@Tangvu hahahaha because the CEO’s life is 250 X harder, and they work 250 X harder then their average worker. Because that’s their average salary higher. Our country has gotten worse for average people for 40 years, that is unsustainable. Go lick boots somewhere else, the country was working its best when the highest tax bracket paid 93% income tax. The people are DONE!!! Get ready to see America at its finest, when it’s people are pushing back at power to make huge changes that last for generations! And in this situation, UAW property has the money to back up its threats!!! We’ll all be swimming in the sad tears of the capitalists soon😂 I hope you enjoy salty tear with your boot

@hermermetal 8 месяцев назад

What a surprise, CNBC doing propaganda for corporations. Color me shocked 😲!

@jerryl3423 8 месяцев назад

You hit it on the nose! As a UAW worker, I can say Jim Farley is distorting the truth

@briangasser973 8 месяцев назад

Mr. Fain has been in the press (CNN, facebook,...) plenty getting his message out. The OEMs have the right to get their point of view out too.

@Macdaddy-mx8ds 8 месяцев назад

When Ford's stock value falls through the floor, Farley will be out because it's his job to protect shareholder value.

@markirvin1713 8 месяцев назад

About time. His EV plan is a train wreck

@Tangvu 8 месяцев назад

If Ford's stock falls like that, the company will cease to exist, so everyone will be out, not just Farley.

@blipblop92 8 месяцев назад

There wont be any shareholder value if the company goes bankrupt

@spll3906 8 месяцев назад

sure he will get the golden parachute on the way out.

@GhostlyGhille 8 месяцев назад

@@markirvin1713yah ev's cost for 30k per vehicle.. that's how much they're losing per lighting and mach.

@5.0_Sal 8 месяцев назад

What I find funny is how he states that the union isn’t working with him to negotiate a deal. They’ve been trying to negotiate weeks maybe even months before the deadline. And now all the sudden they want to strike a deal last minute. Union had to filed unfair labor charges against gm and stelantice because they didn’t even submit their offers in time.

@thomascross8339 8 месяцев назад

Even funnier he omits that part where that company wouldn't even exist anymore if the American taxpayer (like those UAW workers) had not BAILED THEM OUT WITH TAXPAYER MONEY IN 2008 TO BEGIN WITH

@OlExtraRegularBass 8 месяцев назад

@@thomascross8339Ford didn't require bailout money.

@eray9934 8 месяцев назад

@@thomascross8339 Ford was not bailed out. GM & Chrysler were. BTW, the next time one of these companies goes bankrupt, there's not gonna be a bailout. Including for Ford, which never did go bankrupt...

@OlExtraRegularBass 8 месяцев назад

@@eray9934 Why do you think that there won't be a bailout?

@Darkendness 8 месяцев назад

Ford did not take a bailout b/c the workers gave up a ton of concessions to keep Ford from requiring one.

@jakepruett545 8 месяцев назад

Teachers in the US are also very underpaid, not an excuse to underpay others in the working class in this country.

@Qwibby 8 месяцев назад

They do it because Mr. CEO and execs need their huge bonuses and salarys

@AAAA-zj9yl 8 месяцев назад

Henry Ford was right

@TheGogetassj 8 месяцев назад

Yeah, but $300k a year per UAW worker for 32 hours workweek is crazy. Ford is in the business of making money, not lose them

@jakepruett545 8 месяцев назад

Spoken like someone who never had a good teacher@@JulianKazmier-vo3fn

@jakepruett545 8 месяцев назад

source on that? I do not believe they're demanding $300k a year for every UAW worker. You are either misled or trying to mislead@@TheGogetassj

@kylewilliamholdsworth3737 8 месяцев назад

No way this country is sustainable if we keep doing what the bosses want. Americans can’t keep getting the short end of the stick!!!! Go get ‘em UAW!!!!!

@justrosy5 8 месяцев назад

Exactly. T?hank you.

@gene8675 8 месяцев назад

Aren't all unions bloated and courrpt these days. It seems as if it's like Soviet union lol all leftist core. I think a lot of companies would save a lot of capital if they didn't have to hire bloated hr to police speech. Also stop hiring dieversity experts and save money there.

@desmo8755 3 месяца назад

That’s a weird position to take if and when the higher cost of labor results in a higher percentage of production jobs moving out of the country. That’s how Americans get the short end of the stick. If the wages weren’t competitive, they wouldn’t be able to hire and retain workers.

@kylewilliamholdsworth3737 3 месяца назад

@@desmo8755 except that’s not how it needs to be. And some jobs LITERALLY can’t leave. Germany didn’t outsource its industry, and kept a high standard of wage The automakers as an example:6% of what you pay for a car is labor, 20% is profit for the manufacturer. They can support higher wages for the health of the market and society

@desmo8755 3 месяца назад

@@kylewilliamholdsworth3737That’s a viable position but not very capitalist. the idea that labor is “entitled” to more of the profits in their base wage. Then when the economy goes south that wage structure is the difference between profit and loss. A market-based wage and some profit sharing is the only reasonable way. And workers aren’t any more special than shareholders (via dividends) when it comes time to give away profits. Germany is a good deal more socialist in handling of labor, not exactly a model many businesses would want to model. Go see what life is like there for the middle class and report back.

@smoothstoneable 8 месяцев назад

What matters is we can run with the 40% raises the CEO’s got over the last 4 years!

@forgerat 8 месяцев назад

So a dozen people getting a raise is equal to tens of thousands? Interesting math.

@blackout07blue 8 месяцев назад

They pay workers an average of $17/hour. And even less to workers they deem “temp workers”.

@markshelor3991 8 месяцев назад

@@forgerat146,000 workers at an average of $28, 8 hour days, 5 days a week, 52 weeks a year averages $58,240 per worker to about $8.5 Billion aggregate. In the first HALF of 2023 the big 3 POSTED $21 Billion of PROFIT. A 40% raise increases estimated total wages to 11.9 Billion, and reduces profit to a still-quite-healthy-thank-you-very-much of 9.09 Billion if revenues are comparable.

@GregEmburyK4GTE 8 месяцев назад

You want CEO pay ? Be a CEO. A 40% pay increase in this economy is ludicrous. The UAW will be in trouble when the big 3 move assembly to Mexico or China.

@Varietygaming3987 8 месяцев назад

@@GregEmburyK4GTEyeah okay CEO

@kidmad6 8 месяцев назад

1. Jim Farley, Take a paycut. 2. Executive Board, Take a paycut. 3. Managers, Take a payout. 4. Pay Engineers More 5. Money stolen from the king is give to the peasants/Blue Collar

@jkim5746 8 месяцев назад

That's all fine and dandy but that won't happen...do the workers deserve more? Probably not the engineers, they get PLENTY enough, the lower end guys yes BUT what they are asking for is beyond what any company could give. It's not a "partnership" to get the cut of the profits. Asking for 36/40% AND to work 32 hours for 40 hours pay is a pay raise on TOP of a pay raise...can't see that happening so this is beyond dumb for the unions to ask fot

@jbspaintanddetailing7696 8 месяцев назад

That's not true. The cost of labor, engineering and r and d is less than 12% of the vehicle. Labor is less than 6%.

@jdingle8885 8 месяцев назад

Time is running out. This trickle up economy where every fiscal and monetary policies are to save the richest people in this country, is unsustainable.

@thetruthserum2816 8 месяцев назад

They will just replace you with immigrants and robots... it's coming...

@jonclermont4421 8 месяцев назад

Ooops forgot to mention all the risk and investment to have this company was and is on the owners not the laborers.

@brandon39531 8 месяцев назад

@@jonclermont4421there is no risk when the government bails the companies out. The rich have you brainwashed into believing that they take all the risk. When a company goes under, the people at the top get massive pay outs and the government sends them money to cover any losses. While the workers run the risk of losing their homes, their families and their livelihoods. Educate yourself before spouting off corporate propaganda.

@DHSGREG 8 месяцев назад

Quit gouging the public for your vehicles and pay your employees fairly. We're getting sick of corporate greed.

@SO-ju9jb 8 месяцев назад

I love how every contract gets pushed out till October or November, because of Coprate greed, manipulating tactics and buying every past union comittee. The only difference this contract is the Union is not selling out.

@systemsh0wd0wn 8 месяцев назад

The UAW president was voted in by the membership too. Last one was a sellout

@Tangvu 8 месяцев назад

You guys really don't know what you're talking about. I hate to say it, but I hope Ford goes bankrupt, so you'll understand just how much damage a poorly run Union can do to companies and the economy in general. This isn't so much corporate greed as it is labour greed.

@nicksrandomviews1296 8 месяцев назад

@Tangvu amen unions just screw the little guy as much as the employer these days. Unions are trash.

@farvasstache6532 8 месяцев назад

@@TangvuOH sure. The UAW has taken concessions the last FOUR contracts. No new pensions. No retirement Healthcare. 20% Temp workers at half pay. Reworked overtime pay. Long transitions to top pay (8 years or longer). No pay increases for retirees for 17 years. Traditional pay outpaced by inflation for almost two decades. No more cost of living raises and a bunch more. Since then the companies have made over a quarter trillion... TRILLION, in CLEAR profit. Record profits. They've been very generous to themselves, 40% raises and millions to the top 500 management employees. Millions in stock buybacks. Yea, UAW workers are sooooo greedy. Gtfo

@Tangvu 8 месяцев назад

@@farvasstache6532 -- It doesn't matter. The UAW is trying to draw blood from a stone here. Keep pushing Ford and they'll go bankrupt, as well as GM and Chrysler. Then you can all pat yourselves in the back for losing EVERYONE their jobs! The writing is on the wall for legacy auto and Unions, gents, and UAW are one of the guys that wrote it! Learn how the system actually works before criticising CEO pay and how companies are structured. Those CEOs are the reason why these guys even have jobs. If it was up to Elon Musk, he'd fire the lot of you and replace you with robots instead, and I wouldn't blame him at all given the amount of headaches human labour creates for the industry. Unions are the single most destructive force in the economy. They're part of the reason why US GDP growth has stagnated so much the last few decades. Just a bunch of bullies forcing companies to pay staff above market rates, not because they're right, but because they can.

@007cloudsurfer 8 месяцев назад

What Mr. Farley needs to do is pay his workers with shares of FORD just like he gets. Employee owned companies always are profitable and always are leaders in technical development. The Board of Directors seems to feel the company is their own private bank account. Farleys' wages need to be cut, and profits given to investors!

@gregorylyon1004 8 месяцев назад

He can't do that. Big companies are in business to pay stockholders and executives bonuses every quarter. Theirs no money in it to pay workers more money because they are at the bottom of the food chain. So that means that you are all bottom feeders. Lol

@Raaven0991 8 месяцев назад

@@gregorylyon1004 bad bot!

@justrosy5 8 месяцев назад

Yes, and he needs to increase their take-home pay to a Basic Living Salary! Shares are long-term or they mean nothing when you're working long days, you go home, you have all your responsibilities there, and you don't have time to go online and babysit short-term market rise/fall activities. So he needs to give them BOTH.

@Qwibby 8 месяцев назад

And cut his multi-million dollar salary in half

@heroofharo 8 месяцев назад

He does. That's what profit sharing is. And he said they average $7500 a year per employee. But here's the thing, $7500 in reinvested dividends over 10 years means that retirement fund is a whole lot bigger than $7500 a year.

@landonsmith504 8 месяцев назад

What he should have said, the UAW has been negotiating for 8 weeks, we just showed up during the last two

@senninkai566 8 месяцев назад

Very true a lot of people don't seem to understand that the union opened talks in the middle of July if i remember correctly

@Ruralmn 8 месяцев назад

Bankruptcy eh? Seems unlikely, especially if you took a pay cut Jim. But obviously you couldn't be asked to live on a mere $300,000 a year. So why would you demand your employees and their families live on less than that?

@twoknightfall3722 8 месяцев назад

What happens if everyone wants 40% increase and 4 day working week ? Why don't you start your own business and let your workers to control it . See what happens . You can shake hands with Biden , he's just as clueless in what it takes to open , run and keep up with YOUR business .

@RaistlinKishtar 8 месяцев назад

A ceo paycut is small man’s thinking. Won’t move the needle but feels good to say.

@luisfernando5998 8 месяцев назад

Then no one would want to be ceos and make great products like f150, Tesla, iPhone etc. ….. the difference is even more clear with NASA with no high paid ceo vs space x ….. reward produces results

@Ruralmn 8 месяцев назад

@@BM-rr1ir sure, he's definitely more valuable than the guy answering the phone, but I doubt he's worth 500 employees running 3 different truck lines.

@Ruralmn 8 месяцев назад

@@luisfernando5998 you can't think of anyone who would run the company for less than 30 million dollars huh? I know a few people that could and would. Their labor cost is 4% to 5% of the vehicle, their gross profit is over 16% they're asking for 20% this year and 40% over the next 4 years. At most that reduces gross margin by around 2% to 3% every year and since I would expect them to lower costs by moving to electric vehicles and growing over time there's absolutely nothing stopping them from accepting the unions deal without issue. Refusing to caused the strike. That will cause real damage though. Projected 5 billion dollars in damages per week for GM and Ford. They're both worth about 45 billion dollars so the bankruptcy clock is ticking now. Oh and as far as NASA goes that is a government organization that doesn't have a CEO however senior leadership makes less than 1 million dollars a year. Please enlighten me as to why Jim over here is worth 120 times a senior leadership member at NASA.

@jtstacey83 8 месяцев назад

It's more like people can't afford an $80,000 truck or $50,000 SUV at current interest rates. Repos are at all-time highs, dealer lots packed full of super expensive vehicles while the only thing moving is more moderate-priced cars, something Ford has abandoned and would have to completely retool to reenter the market a couple of years later. The only positive is the hot Maverick, but only because of the price. Ford management has made some good moves but, at the same time, built the company on the idea of endless low-interest rates.

@robedwards6926 8 месяцев назад

Yet, people keep paying excessive mark-ups/dealer premiums.

@justrosy5 8 месяцев назад

Well, they did do one thing right, at the start. They hired Frank Lloyd Wright to design their factories. He revolutionized the way vehicles are built when he did that for them.

@axxtradamus6492 8 месяцев назад

Try 80-100k for trucks and suvs...

@RAAM855 8 месяцев назад

@@robedwards6926and they killed off their sedans. So it's over priced SUV/crossover/ truck cancer or an overpriced EV The ranger Is the only thing keeping them afloat cause its a car actually made and priced for the silent majority

@awaysooner 8 месяцев назад

I just want to ask Jim if $100,000 trucks sustainable? We also have not seen anything like it.

@bomtrady3133 8 месяцев назад

Is that in Canadian dollars? Most trucks from all 3 brands seem to mostly be in the $40k-80k range, in USD.

@jtstacey83 8 месяцев назад

@@bomtrady3133 closer to 80k with a rebate; go look at dealer lots, and they are packed full of high-priced trucks and SUVs.

@Ruralmn 8 месяцев назад

I want to see Jim support his family on less than 30 dollars an hour.

@internetpointsbank 8 месяцев назад

@@bomtrady3133 A v6 isnt a truck. $80k with taxes and floormats equals $100k

@bomtrady3133 8 месяцев назад

@@internetpointsbank Gotcha. So, Canadian dollars. Or you just don’t know how to read numbers? I can go online and configure a V8 (“mUh ReAl TrUcK” lmaooo) truck for like $50k. You just want to use dishonest numbers so you can whine more. Edit: F-250, XLT, 7.3L, 4x4. $53,000. And you’re not paying 25% sales tax, dummy. Stop lying about things that easily provable lol

@redst9364 8 месяцев назад

This guys a CEO 😮 his fuzzy math is amazing ive never seen anyone pull numbers out of there ass as well as he did now if he would have handled the Ford Explorer launch as well as he did with this interview there wouldn't have been so many recalls 😅

@Baderm23 8 месяцев назад

He wasn’t the CEO during the explorer launch

@kevinbickel5741 8 месяцев назад

Maybe Jim and the other CEO’s should take a pay cut!! The money they are given as salaries & benefits is ridiculous.

@jehovahwitness4584 8 месяцев назад

Absolutely agree with the CEO. It's going to be very difficult to give themselves fat year end bonuses as well as support the big donations to the politicians. They'll probably unleash the full force of the government to get everyone back to work and don't forget it's going to be a bipartisan decision in the name of saving Democracy!!!!

@johnniemiec3286 8 месяцев назад

Hey Jimmy, if Ford is a little tight on EV cash how about before you tell the employees they can't get a fair share maybe the Ford family could sell the multi-billion dollar asset that is their NFL team? It's not like the fans would miss them.

@connerhedtke8649 8 месяцев назад

What they want is for the pay ratio to not be 350:1 between the workers who are actually making the product in harsh environments compared to the CEO who sits in an air conditioned office all day.

@Dustin-SHiTLUCK69 8 месяцев назад

I’d love to see any uaw working making $200,000. We lucky to make 60k working 60 hours a week…

@waltchan 8 месяцев назад

They probably will close all of the USA plants, and move to Mexico.

@systemsh0wd0wn 8 месяцев назад

@@waltchan they couldn't even if they wanted to

@erich3931 8 месяцев назад

Yikes. Sounds like u need to be a skilled trades guy / journeyman. 30+ hourly at gm

@karenjewell6543 8 месяцев назад

@@systemsh0wd0wnand God knows if they could they would

@chrisc9106 8 месяцев назад

which is still under paid considering the ibew jorneyman make 55-60+ an hour@@erich3931

@CarRants 8 месяцев назад

Love these media pieces. Do they really think anyone believes a word outta this guy's mouth? Solidarity with the UAW

@gene8675 8 месяцев назад

What do you think about national debt, interest, inflation....? Seems like that's the root problem not the jobs.

@billbrochocki296 8 месяцев назад

Stay STRONG UAW BROTHERS And SISTERS!!!!!💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪💪

@thetruthserum2816 8 месяцев назад

Stock buybacks are a problem, that and the fact that no corporations pay employees in stock options anymore.... Shared sacrifice, shared reward, mutually vested interest... @@gene8675

@Dumbeddownbymedia 8 месяцев назад

No way should dealerships profit to the tune of $10,000 or more per vehicle per customer, but you know

@andrewferrauiolo4618 8 месяцев назад

If you want someone to work hard for you, they have to feel that their hardwork is seen, appreciated, have a chance to move up, know they have a stable job that can pay all of their bills and take care of their family. If your going to pay your workers minimum wage, then cut their hours, but still expect them to get everyrhing done in that time, you will lose your employees. If your employee feels like no matter what they do or how much they do, that it will either be not enough or wrong altogether, then you will lose employees or your employees will sttike.

@annabellelee4535 8 месяцев назад

$28 an hour for the average employee after training is "minimum wage" to you? I think we're seeing the death of one of our last industries. No biggie, there are plenty of foreign car manufacturers to take up the slack.

@andrewferrauiolo4618 8 месяцев назад

@@annabellelee4535They start at $18 an hour. No Ford factory worker should be making anywhere near minimum wage!

@annabellelee4535 8 месяцев назад

@@andrewferrauiolo4618 That's more than the gov't pays to train people. You're being ridiculous if you think minimum wage is $18. Michigan's min wage will go up to $10.33 Jan 1 2024.

@andrewferrauiolo4618 8 месяцев назад

@@annabellelee4535 Exactly my point! Millionaires and Billionaires need to start paying their workers or their workers will have every right to go on strike and demand raises in pay! Minimum wage is going up to $15 here in NJ. Right now I get paid $16.22. Guess what, that's not enough. You want to raise the cost of gas, food, interest rates, etc well then your going to raise pay. It's as simple as that! Unless you want everyone to start looking elsewhere!

@annabellelee4535 8 месяцев назад

@@andrewferrauiolo4618 Nobody says that they don't have the right to go on strike but this is shaping up to be just another Caterpillar, and everyone knows what happened during that strike. Caterpillar moved most of their operations to Mexico. Companies have the right to move their operations when costs become unsupportable.

@jackieglascow1593 8 месяцев назад

They’re upset because the union is no longer in need with them! Thank you Shawn Fain! They get huge raises and no one bats an eye… but the poor folk… should stay poor… NO

@briangasser973 8 месяцев назад

Screen and writers have been on strike for 5 months now. Be careful what you wish for. The OEMs are offering 20%, how much more do you expect to get and how much will the strike cost in lost wages

@JSteve22 8 месяцев назад

20% raise is actually pretty good. White collar workers ain’t getting that

@frickenbored 8 месяцев назад

Get ready for the $200,000 F150. $3000 monthly payment.

@justamaninTN 8 месяцев назад

Nobody will buy it.

@twentystwentythree 8 месяцев назад

Meanwhile Tesla is increasing production, hiring more non union employees, and giving stock options as comp packages so the employee gets equity in the growth and success (something UAW union members do not get)

@ecognitio9605 8 месяцев назад

Tesla is in a massive bubble and most of it's good quality vehicles are made in China (under CCP control), look it up. American Tesla factories are built for brand purposes as all are low production loss makers.

@justrosy5 8 месяцев назад

And also, this just in, they lie about practically everything, while risking everyone's lives at the same time. Next???

@heroofharo 8 месяцев назад

What do you think profit sharing is?

@jbspaintanddetailing7696 8 месяцев назад

Tesla also doesn't make as make cars as Ford, Gm or Stellantis

@eray9934 8 месяцев назад

do not GET or do not WANT? I'd be fine with making profit sharing a larger share of compensation, and paying that with company stock (like the CEOs get). But I'm sure most of UAW want guaranteed pay. They want it in cash, and they want it regardless of how the company actually does. And the problem isn't just a pay increase--they want pensions again, they want free healthcare, they want a 32 hour work week (WTF???), they want retires to get an increased pension.... They already make more than Tesla employees, but their new demands will make the Big 3 totally uncompetitive...

@markirvin1713 8 месяцев назад

Pay your workers fairly and they wouldn’t go on strike

@pomp4401 8 месяцев назад

If the company stops operations due to higher labor costs, they'll still lose their jobs anyway.

@markirvin1713 8 месяцев назад

@@pomp4401 lol ok boomer

@TheJnavz 8 месяцев назад

@@markirvin1713 @pomp4401 is right u know

@christianm.664 8 месяцев назад

@@pomp4401they've been threatening that for 20 years.pay the wages, or they can all become Mexican citizens, I hear there's room down there! See how many vehicles are sold in America if they are all made in Mexico.

@briangasser973 8 месяцев назад

UAW labor cost is $65 per hour in wages and benefits. Ford is offering a 20% wage increase. You are not being screwed.

@robertcorleone9077 8 месяцев назад

Employers don’t pay enough to raise a family. Instead, we grow our own food and support our families with our own two hands. Able to do this all off the grid now. Good luck!

@KS0102 8 месяцев назад

Well, looks like the executives and CEOs will have to give up their millions in bonuses then... . 😥 🎻

@AJohnson0325 8 месяцев назад

I know at one job I had, the CEO made more money in one year than most people will see in a lifetime or two or three lifetimes. If you took away all his salary and stock bonuses and distributed it to all the employees, it was only about $100 extra to each employee for the whole whole year. That’s not going to make any meaningful difference. The CEOs salary isn’t the problem when you have that many employees.

@GrantSR 8 месяцев назад

They literally ALWAYS say that. For about a century. They just keep getting richer every time.

@jonm-pe2mb 8 месяцев назад

If all 150,000 workers made 50.00 an hour it would cost the BIG 3 15,600,000,000 I believe they said all 3 combined made 33 billion. Maybe more. It wouldnt hurt them a bit. Like proud Mary said he 28 million a year is based on HER performance. I'm sure she meant the workers performance.

@MillerJW100 8 месяцев назад

I love how everyone is saying we'll just be replaced by robot's. My jobs cant be replaced by a robot, and neither can many other jobs on the assembly line. 😊

@ASmith-jn7kf 8 месяцев назад

If they can replace, let them do it already. People don't understand the reality of these robots and why humans will always be needed.

@Cbug7997 8 месяцев назад

I'm a teacher, and I hope the UAW gets every single one of their demands.

@lmackenzie9198 8 месяцев назад

I'm unbelievably glad that the workers have unionised and walked out.

@eliezerruiz4447 8 месяцев назад

You didn't ask him ? Why he is making 21 Millions a Year.

@moses6486 8 месяцев назад

I wonder if there are more union workers or gig workers, in todays US.

@justrosy5 8 месяцев назад

Good point.

@leoperez2566 8 месяцев назад

Gig for sure

@christinapittman7565 8 месяцев назад

Most UAW employees have side gigs. $17 an hour isn't enough to pay rent

@Skateandcreate9 8 месяцев назад

That’s just CEO speak for “i would have to down size my own wallet and that just simply isn’t happening”

@thomascross8339 8 месяцев назад

Notice he carefully omits that part where his company WOULD NO LONGER EXIST IF THE AMERICAN TAXPAYER (LIKE THOSE UAW WORKERS) HADN'T BAILED YOU OUT BACK IN 2008. You recovered to RECORD PROFITABILITY and left the workers out of that recovery. PERIOD.

@sr20detized 8 месяцев назад

Ford didn't receive a bailout in 2008.

@leoboo 7 месяцев назад

The translation is this "there's no way my to sustain my ridiculously high pay rate if we gave workers their fair wage"

@davidbarnes4586 8 месяцев назад

The CEO's bonuses would pay for the wadge increase requested.

@heroofharo 8 месяцев назад

It quite literally wouldn't. They're asking for 20% while already averaging 75k a year, followed by a compound 5% annual raise for the next 5 years AND cost of living adjustments. For 57,000 workers. The uaw requests are actually obscene.

@Corywinget81 8 месяцев назад

@@heroofharoI'm all for Unions but I agree, these demands are ridiculous. Gonna have people working at Ford making 200k after 90 days

@heroofharo 8 месяцев назад

@@Corywinget81 seriously, according to multiple sources, the average line worker at ford makes between $75-78k a year. Let's assume $39 an hour roughly, it's an average, so some make more and some make less. They want an additional 20% up front. We're now talking $46.80. They then want annual compound 5% raises for the next 4 years. So $49.14, $51.60, $54.17, $56.88. A 45% increase in labor cost over the next 5 years. That sounds like an incentive to build a new plant in Mexico to me.

@Corywinget81 8 месяцев назад

@@heroofharo "where did all the American jobs go!?"

@heroofharo 8 месяцев назад

@@Corywinget81To places where the labor costs didn't destroy the profit margin. Mexico is taking a ton of manufacturing from china, I'm sure they'd be ecstatic to take it from detroit as well.

@sunchiadventures 8 месяцев назад

As the CEO how are you comparing a fringed 300k salary to non fringed wages of teachers and firefighters?

@Chopsuey087 8 месяцев назад

Workers just want to be able to afford to live. It's depressing going to work every day for a company and not being able to pay all of your bills.

@dougbaker9473 8 месяцев назад

Where did you get them ? Can't find them .

@billcalvert7757 8 месяцев назад

How does $46 /hour equal $300k

@gregorylyon1004 8 месяцев назад

He's never going to give you $46. Lol. That would bankrupt all the stockholders and investors. They still want their Corvettes too

@billcalvert7757 8 месяцев назад

@gregorylyon1004 I realize we won't get that I'm just saying if we got everything we were asking for we would be at $46/hour

@Raaven0991 8 месяцев назад

@gregorylyon1004 exactly! Power to the 1%! Let's lick those boots baby🎉🎉🎉🎉

@dericnentrup3435 8 месяцев назад

46 a hr equates to 96k a year gross base pay before uncle Sam has his way with you cause now you in the highest tax bracket... still can't afford a f150 lol

@TheManinacave 8 месяцев назад

5% of the vehicle is labor costs. Let that sink in.

@iseeifitsgood 8 месяцев назад

Fact Check its about 10 to 15%. I keep trying to post the link to the info but youtube will not post it for some reason.

@jema021 7 месяцев назад

Definitely see the resemblance with his cousin Chris Farley. Almost sounds like him too.

@msmd3295 8 месяцев назад

“Everything stops over these marquee money issues and it’s a mystery.” This CEO doesn’t even look old enough to have been around when American manufacturers reluctantly agreed to wage and benefit packages for blue collar employees. There used to be a general consensus that it was labor who actually provided consumers what they wanted. Anyone can sit behind a desk and call shots. But in the past 40 years while they’ve robbed labor the compensation for corporate officers had multiplied from 30% more than what labor makes to 300% of labor makes. And over those years automakers have been raking in record profits. Where’s all that profit going? Corporate administrators and (the big secret) investors who have no purpose other than themselves. Not the strength of America as a nation. 100+ years ago such investors knew and accepted that investing in financial markets was a “gamble” and it was the domain of the rich and famous because they had the wealth to lose. But ever since the 1980s, the average Joe has been sucked into financial markets as a means of doing away with corporations paying out pensions (which were guaranteed short of bankruptcy). It’s really ludicrous all those corporations promote themselves as “patriots” while screwing over average workers. If they were true capitalists they’d acknowledge that labor has just as much “right” to negotiate the cost of their labor as much as corporations have to set prices for their goods or services.

@chetanparmar1191 8 месяцев назад

CNBC caring about share holders and execs, not the employees that make these companies work.

@tezo46 8 месяцев назад

You keep saying we make 100k, 300k and teachers make 60k I don’t make that the most I’ve made is 92k and that’s working every weekend 6-7 days a week. Be realistic dude

@tezo46 8 месяцев назад

@@BM-rr1ir if you never have worked at a assembly plant you wouldn’t understand. It more then pressing buttons. You’re right 92k is a good wage but I shouldn’t have to break my back to get it I would make 55 k if I didn’t volunteer for it

@tezo46 8 месяцев назад

@@BM-rr1ir badges are different from sticking your arms in tight spaces getting cut, running a line 70 units a hour, carp-tunnel and trigger fingers bad shoulders. Someone has to do it all we are asking for is what we lost.

@CronicYouth 8 месяцев назад

The CEO says: Trust me here.. *Hol’up… wait a minute, something ain’t right..*

@muffpoundah 8 месяцев назад

Is this guy related to Chris Farley???? long lost brother ? You can see the resemblance at certain angles ...! 🤣😂 Missed that guy, Chris... another comedic master gone too soon.

@redbum321 8 месяцев назад

It's laughable that he says that Ford can't be competitive, when the government recently gave them $9.2 billion to be competitive in the EV market. These CEO's are disgusting to make out like the companies will go bankrupt when they only care about their exuberent salaries.

@bigd835 8 месяцев назад

the 9.2 billion is to convert factories. ford just lost 4.5 billion dollars selling electric cars at a loss. the EV will put many companies out of business.

@dottiea.2186 8 месяцев назад

That potato Joe that gave taxpayers money, to all EV VEHICLES.. keep voting Democrat fools.. if your a big company and government gives you free money, you going to turn it down????

@luisestevez4854 8 месяцев назад

Nobody is buying EVs so the 9.2 billions costed them big time. Now they need to recup.

@eray9934 8 месяцев назад

Ford's investing 50 Billion in EVs through 2026. And that 9.2 billion is a loan, not free money. Yes, they can be competitive, but not if the cost to build an EV is significantly more than Tesla. Right now Ford spends $66/hour on wages/benefits per production employee, relative to Tesla's $45/hour. But UAW's demands would make Ford's labor costs $136/hour. That's a nonstarter.

@harpstermatt 8 месяцев назад

The real question here, "Is CNBC on the side of big business or the little guy?" Jim Farley total compensation in 2022: $20,996,146.

@ocampbell1954 8 месяцев назад

He's a CEO for a reason. You think any one of those workers can do his job? lol He is one of the few auto CEOs who seem to have a clue and sees that Ford, GM, Stellantis, etc are headed for bankruptcy.

@joesmith3590 8 месяцев назад

Ford can’t make decent cars and employees want a raise lol. Things are nearly China made quality.

@miqsis 8 месяцев назад

Looks like it . Read my comment. All of the corporate media is interviewing the CEO's. ABC, FOX, CBS, NBC, it's sad

@fwomp9401 8 месяцев назад

@ocampbell1954 yes because record profits for the last 4 years spells bankruptcy

@jackieglascow1593 8 месяцев назад

Big business… always the one with the money

@txbulldogboxing1462 8 месяцев назад

Not sure if its just me but maybe firefighters and first responders should make more $ than Jim Farley🤷‍♂️

@marcelclover6650 8 месяцев назад

millions against hundreds.

@johnniemiec3286 8 месяцев назад

The offer from the UAW has been clear for weeks, the Big 3 need to give more to workers and less to the boardroom. Maybe Jim could give up his bonuses, there's a quick 20 million.

@driodebeica9225 8 месяцев назад

only in comunist nation work like this .

@karenjewell6543 8 месяцев назад

@@driodebeica9225really because collectively we gave up our Cola when the company was tanking..

@eray9934 8 месяцев назад

Yeah, it's a ridiculous amount of money, but it doesn't go as far as you think. 20 million divided by 57,000 Ford UAW workers is only $350 per person...

@karenjewell6543 8 месяцев назад

That's the beauty there is plenty of money to overpay all the executives and give us a living wage & make the shareholders happy

@azucar1242 8 месяцев назад

In these car manufacturers go under, all these workers will be begging for their jobs...

@markirvin1713 8 месяцев назад

Ok boomer

@Raaven0991 8 месяцев назад

Bad bot.

@ryanreaves1203 8 месяцев назад

I have been a auto worker for 9 years with fomoco and the raises i have received equal less then 40 cents a year.

@justrosy5 8 месяцев назад

Join the club. That's what they do to call center workers.

@kawigreenbk 8 месяцев назад

What is your hourly rate?

@motownmark653 8 месяцев назад

started at ford in 2016. Was a temp from 2016-2019 working 3 days a week making 15.67 about 300$ weekly paychecks for 3 years. At the end of 2019 (new contract) i was put into progression wage starting at 18$. Wage increases for 4 years And just last week i was topped out at 32.05. Ford has a 2 year rule that you can only be a temp for no more than 2 years before being hired as in progression. the old 2015 contract stated you can be a temp unlimited amount of years which is why i was one for over 3 years. New in progression rule takes 8 years to top out. Ford temps consist of around 10% of their workforce. GM temps consists of 40% of their workforce and Stelantis temps consists of over 80% of their force. GM and Stellantis has the right to use temps for unlimited amount of years and thats before becoming in progression employee. Ford has a 2 year maximum for temps. Alot of GM and Stellantis Employees have been working for 10-15 years without top pay yet. Yes the pay is good at the top "legacy wage" but it sometimes takes over a decade to get there. Temps under 2019 contract make 16.67 per hour. So you start as a temp then became in progression then legacy classification wage.

@Kevin-MM69ex 8 месяцев назад

What does a firefighter or a teachers pay have to do with their workers??

@mattdannald 8 месяцев назад

He’s saying firefighters make $50,000. Where, Kentucky, Mississippi?

@CreateYourWorth 8 месяцев назад

Most people that want the 40% have never read the income statement from Ford or any business. If you do read the financial reports you will see that the BIG THREE have been slowly earning less NET profit. People see the gross profits as record breaking, but the NET is what is killing these companies. People fail to see the bottom line after everyone is paid has been shrinking for years now. If they give into the 40% demand AND 32 hour work week, say good bye to FORD and others. Good luck. You read it here first.

@trevorc8778 8 месяцев назад

Why has the CEO's salary increased by 40% if the company is in such dire straits? Leaders should be the first to sacrifice in difficult times. That's true leadership.

@bill4514 8 месяцев назад

Chris farley was funny this guy is a joke

@umbraemilitos 8 месяцев назад

How many months did UAW give them? Why do they think half measures at the last minute will satisfy their workers?

@993mike 8 месяцев назад

The deal the auto makers are offering is way more than fair. Plus sorry, we’re not France - a 32 hour work week is ridiculous demand in a country where so many work way more than 40 hours to make ends meet. That’s not how American productivity is built. Get real

@johnniemiec3286 8 месяцев назад

The Ford family owns the Detroit Lions, a franchise somehow valued at over four billion dollars. They could sell that one asset and fund a ton of their EV research while still paying their employees a fair share.

@markmyjak7739 8 месяцев назад

Then what happens when the money runs out?

@johnniemiec3286 8 месяцев назад

@markmyjak7739 homes, cars, art, other assets.... the Ford family is quite wealthy. They also have Firestone money.

@reubenhollingsworth7349 8 месяцев назад

I wish I made 300,000 and I work at GM I should come to Ford because if you get at least a 150,000 that’s still a historic contract 😂

@karenjewell6543 8 месяцев назад

I work at Ford and do overtime and I've never been anywhere near that number

@jmtrot1 8 месяцев назад

This 32 hour work week needs to be explained because i dont think enough people understand. A normal work week is 40 hours, go ask any factory worker if theybhave a normal work week, most of us are forced to work overtime and weekends. Forcing a 32 hour work week will cause the slow down of excessive overtime most employees will still be working in excess of 40 hours but their time away from their loved ones will be better compensated. Another thing i need to remind the sceptics about .. whats good for the American auto worker is good for all American workers. When we get raises so does everyone else. This is exactly what this country needs.

@neilbenoit7042 8 месяцев назад

Dude should take a 10 million a year pay cut.He should be able to live very comfortably on 10 mil a year!Give the employees a better deal.

@tintinXsnowy 8 месяцев назад

Ford employs 170k people. $10M will be less than $60 per worker.

@andresjimenez3811 8 месяцев назад

The CEO makes like $18 million a year but there is no money for anyone else.

@LilPebble141 8 месяцев назад

If you divide 18 million by 57k number of UAW workers at Ford, you get $300 per year per person. That’s $0.16 an hour per person. So how’s a CEO getting a pay cut gonna help pay the workers from his pay, please do the math and explain. CEO’s salary doesn’t affect anything. Not to mention most of the compensation for a CEO is in stocks not paycheck. And he can’t just sell the shares for money if he wanted to.

@juyhhkjitth9245 8 месяцев назад

They pay out dividends and buyback stock instead of paying the employees. Billions going into buy backs. Execs of these companies get paid in stock and have incentives to pump the stock instead of raising wages. Wallstreet parasites and execs get the money and not the workers. @@LilPebble141

@rosacruzchiquini1511 8 месяцев назад

Why the CEO's don't take a pay cut so employees can survive.

@followedsphere5921 7 месяцев назад

I’m an ibew journeyman wireman and I stand with the uaw they deserve more wages when a new truck is 80k they can pay the workers what they deserve

@Atray2 8 месяцев назад

He thinks a 40% pay raise to the line workers will result in 300k annual salaries? That's $144 an hour. That means the average worker is making $103 an hour currently? Excuse me if I don't believe that.

@kietkhong3333 8 месяцев назад

The UAW want 40 percent raise, 32 hours work week, and return of pension. With those 3 demands I can see the total cost per employee with benefits being close to 300K USD. On average, the cost of an employee is roughly double their salary so you looking at 150K USD annual salary.

@Atray2 8 месяцев назад

I mean, he said "average pay", I interpret that as their salary, not total compensation.

@kmafdlmagotg8328 8 месяцев назад

It would be more like $150,000 based on $28 hourly pay average, 46% pay increase, fringe benefits at 50%, and working eight hours less. Meanwhile cars in Mexico are made for $12/hour. It would be difficult to keep jobs in the US.

@hook772 8 месяцев назад

@@Atray2 "Average pay" is more closely tied to the total compensation than just base salary. It makes more sense to analyze the total compensation rather than just base salary to asses the reasonableness of the pay . Even in current stage, employees are not only getting the base salary but also getting lump sum pay, bonus, and profit sharing at the end. All other fringe benefits should also be factored in to see the clear picture (such as Paid Time Offs, Medical Benefits, Retirement benefit packages, etc.). 32 hours per workweek itself is equivalent to 25% hourly pay increase when compared to the 40 hours per workweek.

@jordash9992 8 месяцев назад

@@kmafdlmagotg8328and the cars made in Mexico are still priced the same. It's not the workers wages that drive up the price, its corporate greed.

@johnmarks903 8 месяцев назад

Fire them all and hire new people if 100,000 a year is not good enough for them which I think would be fair anywhere from 100,000 to 120 would be truly fair because their job requires more labor if that’s not good enough for them then they’re out of their minds

@jbspaintanddetailing7696 8 месяцев назад

With the raise and maked out the average worker makes 55 an hour with benefits. The media is lieing. Stellantis Temps start at $15.75.

@misssummersalt 7 месяцев назад

I tell you, I haven't seen Jim Farley this frustrated since he had to shut down plants, lost 15 billion dollars, went bankrupt and was forced to live IN A TRANSIT VAN DOWN BY THE RIVER.

@Dhi-fe5eu 8 месяцев назад

I say tell the union to create a profitable company and pay your employees $100 an hours. Most likely they never ran a lemon aid stand.

@lushlife6864 8 месяцев назад

Guy who pays himself first says there is no more.

@thetruthserum2816 8 месяцев назад

Definition of Wealth Inequality in America: 2080 work hours in a year = 124,800 minutes = 7488000 seconds 7488000 seconds / $21,000,000 annual compensation = $2.80 per second 4:16 = 256 seconds = $717.95 for this interview... Corporate greed much?

@marlongipson9101 8 месяцев назад

Don't this man make 20 Mil a year

@megangallagher5171 8 месяцев назад

UNION PROUD! We salute and appreciate your sacrifice in KENTUCKY! All the news stations have experts saying what were asking for is unattainable, its just not possible! Workers making $65/hr in wages and benefits...They arent accurate nor are they calculating in the fact that Ford has a ton of 2nd teir workers who DID NOT RECIEVE FULL PAY FOR 8 YEARS!!! Myself being one of them? How much has that saved? Or the temps that don't recieve full pay or benefits for some of them it's been almost 3 years and they're still at the very bottom of our pay scale! And why isn't anyone talking about us employees with NO PENSION? Bet they didnt calculatd that either. Or the fact that at one of the big 3 it would take an average worker over 300 YEARS TO MAKE WHAT THE CEO DID IN ONE!!!!!! 40% wage increases for our CEOS WHOSE BENEFIT PACKAGES FAR OUTRANK OURS. NOT TO MENTION THEY'RE RETIREMENTS? IF ITS UNSUSTAINABLE FOR US WHY SHOULD IT BE SUSTAINABLE FOR THEM? HOW ABOUT THE NEWS ORGANIZATIONS START LOOKIMG AND REPORTING ON THESE TOPICS AND EVALUATE THE AMOINTS WEVE SAVED AND SACRIFICED FOR THESE COMPANIES IN THE PAST 20 YEARS? WHY DONT THEY SPEAK ABOUT HOW MUCH PRODUCTION HAS INCREASED, WHILE WORKING CONDITIONS AND SAFETY PROTOCOLS HAVE SUFFERED? OR HOW WE AT KTP HAVE TO USE KEVLAR GLOVES THAT ARE BRIBG WASHED AND REUSED? OTHER PEOPLES SWEAT, DIRTY BAND-AIDS AND FINGERNAILS LEFT STILL INSIDE THEM!!! NOT TO MENTION THE SAFETY COATING BEING BARELY VISIBLE LET ALONE DOING MUCH GOOD! WHY ISN'T ANYONE SPEAKING ABOUT THESE ISSUES FOR WORKERS?

@paceflchick 8 месяцев назад

We the people want EVs as much as we think Brandon is the POTUS

@volvo8938 8 месяцев назад

UAW is pushing all the jobs overseas, no one has a 4 day work week smh

@teebone2157 8 месяцев назад

Millions of americans Have a four day work week, and in europe, they have for their work weeks, you are lost

@Thenostolgicdude 8 месяцев назад

No one use to have a 5 day 40 hour work week either once upon a time.

@TheJnavz 8 месяцев назад

@@teebone2157 4days but 10hrs shift

@mattdannald 8 месяцев назад

I propose we move backwards like the old days 16 hour days, 6 days a week. Goddamn we are getting spoiled, right?

@icedog731 8 месяцев назад

He has 30 million Worth of ford stock plus a 20 million dollar salary and that’s just one executive. There’s plenty of money to go around

@kona6451 8 месяцев назад

Says the guy who got paid $21,000,000 last year. come on bro.

@azucar1242 8 месяцев назад

Mexico is happily waiting for those jobs, and all these workers will end up working for 15 dlls per hour at Walmart...

@killakox9814 8 месяцев назад

Just don’t bring ur punk ass in the store u probably drive a Toyota anyway 😏

@kevinanderson3753 8 месяцев назад

I heard mexico wants more money too . Lol

@karenjewell6543 8 месяцев назад

Is that what they're paying you?

@TheContrarian09 8 месяцев назад

Strike! Maybe this will finally spur the recession embers.

@TheLisamarie1973 8 месяцев назад

More like you can't buy out the new UAW!!!!

@justrosy5 8 месяцев назад

Nice to see you giving the cat more string, lol! Hey, rich boy! GIVE THE WORKERS ENOUGH TO LIVE ON.

@ronmexico5908 8 месяцев назад

Getting those sweet deals of no pension, retiree health care, no COLA and wages that don't keep up to inflation was too good to pass up. No more Jim

@dademack3544 8 месяцев назад

exactly, no more jobs.

@gregorylyon1004 8 месяцев назад

My job doesn't keep up with inflation either. And I don't get 32 an hour

@christianm.664 8 месяцев назад

We, the uaw workers, want our wages to be where the are supposed to be at. The last 20 years has been nothing but a yearly loss for employees. Funny how the poor CEO's of the big 3 gave themselves and the board of directors such a huge salary increase, and that is not in any jeopardy of bankrupting the companies. When the top tier management is making 400-500 times that of their median wage worker, something is very wrong with the whole system. Go back 50 years, that number was 50-100 times the median salary. It's not just the auto industry either, it's every large corporation in america, gouging the consumer with high prices and severely underpaying their workers, while posting record breaking profits.

@philfeist2127 8 месяцев назад

Could you share your hourly rate 20yrs ago and where you are today? Then where you will be after the next 4 yr contract is up assuming you got 40% or what I believe is actually 10% per year for four years? Thx

@Bill-cb4bh 8 месяцев назад

What does top management really do. It's the worker that make the company money the engineers that design the cars the sales ppl sell them. Etc....

@muffpoundah 8 месяцев назад

If only Jim could bring out the "Tommy Boy" persona at the table....... I believe a deal can be struck for all.

@LetsssGooooooooo 8 месяцев назад

You sound like your name should be @a$$poundah...😂😂😂 just sayin'

@DogWater2011 8 месяцев назад

The union needs to be careful and not be so greedy or else south of the border will welcome FORD with open arms.

@jackieglascow1593 8 месяцев назад

Greedy? The workers? Please! Workers gave up MANY concessions to avoid govt buyout…Ford was in bed with union (most are now in jail) and they’re used to dealing with crooked people! We work too damn hard to watch billions go into executives pockets!

@4.0gpa44 8 месяцев назад

Unions are cartels. If businesses agreed amongst themselves to charge a certain price, that'd be illegal under antitrust laws. Yet large groups of employees can legally monopolize the production and insist on shutting down production if their demands aren't met.

@jonfisher9960 8 месяцев назад

You have no intelligence

@autobotavengerfireballxl5339 8 месяцев назад

😂 your a 🔧

@autobotavengerfireballxl5339 8 месяцев назад

the only cartels are the companies who eliminate move the products they sell you down to Mexico and still charge consumers full price for the over priced piles of garbage

@jasonkoroma4323 8 месяцев назад

They only could be considered that if they were backed by the state, however if formed through voluntary means, that's simply free enterprise at work.

@4.0gpa44 8 месяцев назад

@@jasonkoroma4323 Unions are not just voluntary organizations. They operate through the framework of government coersion. People who don't want to be part of the union are forced to still give up a large fraction of their paycheck to the union--often around 7%. And companies are required by law to negotiate in good faith, and if they don't, the government can force them to accept a mediator. So the law is rigged for the unions.

@nobnoba 8 месяцев назад

i guess lots of union workers are here in the chat box. LOL

@stephenhawks4892 8 месяцев назад

Lyin Jim said at the Detroit Auto Show on Wednesday or Tuesday night said end of tiers, highest pay raise in 80 years, more paid time off…none of that was true. STRIKE!!!!