2008 Strike
On February 26, 2008, approximately 3600 AAM employees went on what would be a three month long strike to protest a proposed wage and benefit cut by the company's management. The proposal would reduce workers' hourly wage from $28 to $14 and would also cut benefits. The strike cost General Motors $2.6 billion as the automaker lost the production of its Chevrolet Malibu sedan and other vehicles.
Read more about this topic: American Axle
Famous quotes containing the word strike:
“In another’s sentences the thought, though it may be immortal, is as it were embalmed, and does not strike you, but here it is so freshly living, even the body of it not having passed through the ordeal of death, that it stirs in the very extremities, and the smallest particles and pronouns are all alive with it. It is not simply dictionary it, yours or mine, but IT.”
—Henry David Thoreau (1817–1862)