12.03.2008

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.

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1 Comments:

At September 16, 2024 at 7:24 AM , Blogger Digital Marketing Course in Hyderabad said...

Interesting development! The UAW’s shift towards accepting “shared sacrifice” could signal a significant change in labor relations and negotiations within the auto industry. Your analysis of how this approach might impact the Big Three and the broader labor landscape is insightful. Thanks for shedding light on this evolving situation!

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