div class=flexinode-body flexinode-1div class=flexinode-textarea-2div class=form-item
labelHeadlines:/labelbr /
ul
lia href = http://www.laborradio.org/node/10186The Road Ahead For Detroit Three U.S. Auto Workers: More UAW Concessions. More Massive Auto Industry Job Losses In 2009 As Decades Of Hard-Won Gains Are Losta//li
/ul
/div
/div/div
pBy Doug Cunningham/p
pThe road ahead for U.S. autoworkers is very rough and it’s strewn with the wreckage of decades of hard-won gains that are being thrown beneath the wheels in the name of worker sacrifice so the companies can shed hundreds of thousands of jobs and go on to future profitability. The United Auto Workers has begun contacts with GM and Chrysler to negotiate more concessions required by the conditions placed on federal emergency loans to GM and Chrysler. The concessions agreements must be reached by March 31st or the government could revoke the $17.4 billion loans to the two U.S. auto companies, forcing one or both into bankruptcy. The UAW has agreed to reopen its four year contracts with GM and Chrysler to consider concessions that include wage cuts, ending the Jobs Bank that compensates laid off workers and possibly accepting stock in return for half the billions of dollars in cash payments to the retiree health care trust known as VEBA. UAW President Ron Gettelfinger says labor’s political enemies used the auto companies woes to attack workers./p
Here’s the second part in our series taking a look back at 2008. Check out Part 1 here.
********
March-April
Ignacio “Nacho” Meza, foreground, and his co-workers fought for two years to win a voice at Rite Aid.
The job loss hits kept coming—63,000 in February and 83,000 in March. But President Bush and congressional Republicans kept up their [...]
Recent Comments