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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