Friday, October 8, 2010

General Motors’ Wage-Cutting Deal Clears Way for Subcompact Car - NYTimes.com

 

cost-saving arrangement, G.M. will pay 60 percent of the plant’s 1,550 workers the going wage of about $28 an hour, and the remainder of the workers about half as much — or $14 an hour. While the U.A.W. had previously agreed to lower wages for new hires, some of the second-tier workers at the Orion plant could be among current G.M. employees called back from layoff.

Click on the following for more details:  General Motors’ Wage-Cutting Deal Clears Way for Subcompact Car - NYTimes.com

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