UAW starting to accept "shared sacrifice"?
Rumors are abound in Detroit that the infamous (at least outside of the UAW) Job Banks could be eliminated as an effort to revive the auto industry during the credit crisis.
A full elimination of the Job Banks would not only increase productivity but actually be a positive sign of management-labor relations. The Big Three and the UAW should move forward with this effort to begin really squeezing out waste in the system. After all the Job Banks program is over 40 years old now and the reason for its creation is now obsolete.
See full article here.