UAW strike leading to layoffs among suppliers
- The UAW strike is having downstream effects
- Supplier trade group warns it is conducting layoffs
- The group is asking the Biden admin for aid
(NewsNation) — As the UAW’s strike against the Big Three continues to expand, some of the nation’s auto suppliers are beginning to feel the pinch.
That’s the conclusion of a new survey by the Motor & Equipment Manufacturers Association (MEMA), a trade group for auto suppliers.
They found 30% of their members said they have laid off some of their workers as a consequence of the strike. Upwards of 60% of their members said they expect to begin laying off workers in mid-October.
In a letter to President Biden written late last month, MEMA’s President and CEO Bill Long warned “the strike has already forced layoffs, furloughs, and shutdowns at vehicle supplier locations.”
Long asked Biden to consider using the Small Business Administration to aid auto suppliers to help them weather the strike.
“We urge you to act now to support the vehicle supplier community,” he said in the letter.