Another hit to the ‘rust belt’. Hopefully those workers land on their feet. My guess is too many of them will be unwilling to locate to regions of the country with low unemployment.
It also requires GM to pay out at least $35 billion to the union to set up a trust to handle retiree health care and establishes lower wages for thousands of new employees.
Ha... what is the profit of GM currently? How in the world will they fund that?
General Motors Corp. and the United Auto Workers would allow GM to close a plant in Michigan....jeff daniels will NOT be happy!!!
The union clearly has outlived it’s usefulness.