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Autoworkers reluctant to take latest buyout offers

Post Time:Mar 12,2009Classify:Industry NewsView:109

Blue-collar workers at General Motors and Chrysler have about two weeks to make a difficult choice: Stay on the job and face layoffs or possible wage and benefit cuts, or take cash to leave, only to risk seeing the money tied up in court if their company files for bankruptcy protection. The murky government-funded future of the two wounded automakers is making it particularly tough to make a decision about their latest buyout and early retirement offers, and that's hampering the companies' efforts to further pare their work forces, according to a March 11 AP report in Chicago Tribune.

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Source: http://www.glassmagazine.com/news-item/auto/autoworkers-reluctant-take-latest-buyout-offersAuthor:

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