UAW Concessions Said to Include Pay Freeze, Layoff-Benefit Cut

Jeff Green and John Lippert Bloomberg 02/17/2009 22:56

UAW Concessions Said to Include Pay Freeze, Layoff-Benefit Cut - GM - UAW - lay off

The United Auto Workers union, in deals with General Motors Corp. and other U.S. automakers, tentatively agreed to concessions that may include a pay freeze, cuts in layoff benefits and reductions in so-called skilled-trade positions, people familiar with the talks said.

The agreements announced yesterday with GM, Ford Motor Co. and Chrysler LLC must be ratified and are contingent on a separate accord on contributions to a union-run retiree health- care fund, said the people, who asked not to be identified because the details aren’t public.

GM spokesman Tony Sapienza, Ford spokesman Mark Truby, Chrysler spokeswoman Shawn Morgan and UAW spokesman Roger Kerson declined to comment on details.

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Blind Chinese activist gets comfy in NYU home Mary Kennedy Laid to Rest in Bedford, New York Attacks in Yemen Raise Concerns About Qaeda Affiliate Chicago braces for final day of anti-NATO protests as demonstrators vow to march on Boeing HQ Facebook sale glitch embarrassing, says Nasdaq Robin Gibb of Bee Gees dies at 62 Dominique Strauss-Kahn faces new rape investigation Pakistan restores Twitter after ban over 'offensive content'New Serbian president in pro-European pledge 2 Killed in Latest Syria-Related Clashes in Lebanon

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Paralyzed woman moves robotic arm with her thoughts New York cops bust 45 in 'Supreme Team' drug crackdown Part of flight recorder of Russian plane found in Indonesia Romney Camp Tries to Limit Reporters' Access, and Rope Line Ruckus Erupts New York Tattoo Convention lands at Roseland Ballroom with up to 200 artists Senators take aim at Facebook co-founder, who will skip taxes by renouncing citizenship REVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for sale New York City Plans to Offer Buyouts to Idled Teachers $90M midtown penthouse tops mark for priciest New York City apartment Beastie Boys' Adam Yauch Honored by New York Senate

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