GM tells UAW it will no longer pay union employees to leave the company

The UAW was informed by General Motors Co. that union employees will no longer be paid to leave the company, according to a Wall Street Journal report.

Officials who attended a recent meeting with UAW leaders told the paper that the company doesn’t intend to use such a program. Notably, GM has used up billions of dollars to urge the workers to quit. The WSJ reported that the UAW has been encouraging GM to mull another set of buyouts and retirement incentives that are comparable to programs that have pushed 66,000 hourly workers to leave since 2006.
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Joe_Limon - 5/20/2010 2:34:38 PM

-2 Boost

about freaking time.

And lol at the picture

blacktip007 - 5/20/2010 3:13:06 PM

-1 Boost

Obama ..IE Federal Government... IE tax payers which I'm assuming you are a participating card "S.S" carrying member ?????

upwards - 5/20/2010 5:17:19 PM

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Can't say its a bad thing but I wonder how they plan to quickly get the second tier wagers that make 15 bucks more rapidly.

freeagent - 5/20/2010 7:56:22 PM

+1 Boost

It just keeps getting more outrageous. After the billions and billions in taxpayer handovers to the UAW, and GM going through a sweetheart bankruptcy, GM still has excess workers hanging around lookin to be paid to leave. Obama will be a one term president

Spectator - 5/21/2010 2:51:56 PM

+2 Boost

Awwww shucks UAW. Doesn't that just beat all. No more succuling on the Tax payers 'Teet'. Man and I was just getting used to paying you guys to sit around and do nothing for 6 hours in a 8 hour day.

Everyone who hates Unions say 'Aye'.

AYE!!!

LexSucks - 5/24/2010 8:23:58 AM

0 Boost

"Obama will be a one term president"

- You wish. People who say stuff like that are the same folks who said that he wouldn't get elected in the first place. LOL.

LexSucks - 5/24/2010 8:21:21 AM

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Is it me? Or is GM a big walfare case?