Tuesday, January 29, 2008

Buyout Time at Chrysler again
Almost all Michigan Workers to get $100,000 offers


Chrysler announced that it is offering $100,000 buyout to all of its Michigan assembly workers who have at least 1 year seniority. Chrysler will offer the buyout to about 14,000 wokers with a goal of cutting 10,000 unionized workers. Also, about 4,600 workers will be getting early retirement offers. Chrysler spins this as being the implementation of the buyout plan announced with the new UAW contract in November. Source: Reuters

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.