General Motors' U.S. workforce productivity has declined since the automaker recovered from a 2009 bankruptcy, even as its profit per employee has risen, a Reuters analysis shows.
Those trends point to some of the root causes of the UAW strike that has shut down the automaker’s U.S. manufacturing plants for 18 days, already costing the company about $100 million a day.
The automaker wants to boost productivity to offset financial pressure from a slowing global economy and investments in electric vehicles. The UAW is focused on increasing the share of profit going to workers, and closing wage gaps between full-time and temporary employees in GM factories.
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