UAW Fumes Over Stellantis Job Cuts And CEO’s $39 Million Record Pay

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UAW Fumes Over Stellantis Job Cuts And CEO’s $39 Million Record Pay
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The manufacturer had agreed to provide 3,200 temporary employees with full-time employment

Stellantis has let go of hundreds of temporary works across the United States. Company boss Carlos Tavares walked away with $39 million in total compensation last year. UAW president Shawn Fain has described the carmaker as pathetic. UAW president Shawn Fain has hit out at Stellantis over recent employment cuts, which occurred less than a year after the union secured a new long-term contract with the car manufacturer. Stellantis said it would invest an additional $19 billion into the U.S.

You got a CEO over there across the pond that wants to talk about how they need to cut costs and all this stuff, but it didn't stop him from giving himself a 56 percent pay increase. Stellantis chief executive Carlos Tavares earned $39 million last year, easily eclipsing the $27.8 million earned by GM boss Mary Barra and the $26.5 million earned by Ford CEO Jim Farley. The UAW appears particularly upset at Stellantis for firing many temporary workers.

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