On Tuesday morning, General Motors announced their latest quarterly revenue, reporting billions of dollars in profit and beating Wall Street expectations.
“On the heels of their previous quarter, which set ‘a post-bankruptcy record’ in terms of revenue, it is clear that GM can afford a record contract and do more to repair the harm done by years of falling real wages and declining standards across the Big Three,” the union said.so far. The union has been steadily rolling out strikes at the Big Three U.S. automakers following the expiration of the last workers’ contract in September.
The escalation of the strike is reflective of a trend within the labor movement at large, in which unions are becoming increasingly militant in their tactics — and winning bigger contracts as a result.