CHICAGO, Oct. 8 (Xinhua) -- More than 100 automotive supplier companies have put up to 12,000 full-time or hourly employees under some form of temporary layoffs as the strike against General Motors increasingly weighed on automotive supply chain, according to The Detroit News reports.
East Lansing's Anderson Economic Group estimated the 46,000 United Automobile Workers (UAW) strikers and suppliers have lost 412 million U.S. dollars in direct wages in the first three weeks, while GM has lost hundreds of millions of dollars in earnings, according to analysts.
Reports said there were growing repercussions of the UAW strike against GM. The Original Equipment Suppliers Association feared the industry would feel the challenges brought by the strike even after it ended as laid-off employees may not return to their former employers, according to reports.
On Monday Michigan Governor Gretchen Whitmer called on the parties to "find some common ground as quickly as possible."
But talks so far have yielded little progress as the union and the Detroit automaker continue to negotiate over wages, signing bonuses, job security, pensions, skilled trades and transfer rights.