GM could get labour pay savings from UAW deal-WSJ

Newswire

NEW YORK, Sept 28 (Reuters) - General Motors Corp would be able to buy out as many as 24,000 UAW workers and replace them with lower-paid hires under a tentative contract agreement, the Wall Street Journal reported on its Web site on Friday. Such a potential buyout stems from a move by the union to expand the definition of non-production job classifications, the article said, citing management and union officials briefed on the pact. GM will be able to hire at a much lower pay package ...

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