Automakers Hand Billions To Shareholders While Stiffing Workers

[phkrause]

Roughly 150,000 auto workers are preparing to launch what may be the biggest strike in decades this Thursday over their employers’ refusal to provide adequate pay and job security. Meanwhile, in the past twelve months, the Big Three automakers — General Motors, Ford, and Stellantis — have authorized $5 billion in stock buybacks, effectively giving billions of dollars to shareholders that could have gone to auto workers.

https://www.levernews.com/automakers-hand-billions-to-shareholders-while-stiffing-workers/?