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UAW president slams Stellantis CEO over job cuts, alleged price gouging - TL;DR CNBC

UAW president slams Stellantis CEO over job cuts, alleged price gouging

Publishing timestamp: 2024-08-16 22:11:25


Summary

UAW President criticizes Stellantis CEO Carlos Tavares for price gouging consumers and failing to uphold parts of the union's labor contract. Tavares has been on a cost-cutting mission since the merger between Fiat Chrysler and PSA Groupe, leading to layoffs and criticism from the union.


Sentiment: NEGATIVE

Tickers: STLA

Keywords: businesstransportationstellantis nvpersonnellabor economybusiness newsdetroitcarlos tavaresautosbreaking news: business

Source: https://www.cnbc.com/2024/08/16/uaw-president-slams-stellantis-ceo.html


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