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In November, the UAW ratified the new labor agreement with GM after a 55% to 45% vote in favor of the deal. The new contract, which runs through April 2028, guaranteed workers a 25% increase to ...
The Detroit Free Press has learned more details on when GM and the UAW will start the first phase of the $50,000 retirement buyout program. Here is when to expect GM's $50,000 buyout program for ...
According to a UAW leader, GM and the union expect to have details and dates this month for the first phase of a special retirement program. ... GM's Renaissance Center in Detroit on Wednesday ...
Ford on Monday said it was furloughing a total of 330 workers at its Chicago Stamping and Lima, Ohio Engine plants, while GM layoffs included 130 at its Parma, Ohio Metal Center and 34 at its ...
On September 17, GM stopped providing health insurance to 55,000 union members, [7] forcing the UAW to pay for COBRA. On September 26, it was announced that GM would start to pay health insurance again to people on strike. [8] On October 16, it was announced that GM and the UAW agreed on a new labor contract that ended the month-long strike.
The UAW said the agreement commits GM to more than $11 billion in additional manufacturing investments that was already planned. Most of it is related to EV production. A $50,000 retirement incentive
The ripple effect associated with the strike at GM facilities was estimated to have spread to 2,500 other workers who were laid off at GM as of Oct. 25, according to GM's tally of the strike's impact.
In GM's last public offer to the UAW, it offered 9.5% contribution to the UAW members' 401(k) plans. It is not yet confirmed if that came up to 10% in GM's tentative agreement with the UAW.