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:
“When we walk the streets at night in safety, it does not strike us that this might be otherwise. This habit of feeling safe has become second nature, and we do not reflect on just how this is due solely to the working of special institutions. Commonplace thinking often has the impression that force holds the state together, but in fact its only bond is the fundamental sense of order which everybody possesses.”
—Georg Wilhelm Friedrich Hegel (1770–1831)