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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. ... Booth said the program will offer three time periods ...
The 2% figure means about 900 of the approximately 46,000 union members across GM get the buyout in this first program phase. The UAW says about 7,800 GM hourly workers are eligible for retirement ...
Last month the Detroit Free Press reported the UAW-represented employees at Stellantis began receiving buyout offers and eligible employees have until Dec. 31 to accept the offer. Another lump sum ...
The deal also brings two key groups into the UAW GM Master Agreement, at Ultium Cells and GM Subsystems LLC. For retirees, GM has agreed to make five payments of $500 to current retirees and ...
General Motors and Ford, which also just reached tentative labor deals with the UAW, both announced cuts to their salaried staff, with both layoffs and buyouts, in the months before the strike.
The heat is on top bargainers at General Motors and Stellantis to get a tentative ... such as GM offering to include its future joint venture battery plants under the master agreement with the UAW ...
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GM has reportedly reached a tentative deal with the United Auto Workers (UAW), joining its rivals Ford and Stellantis in coming one step closer to putting an acrimonious labor dispute that has ...