General Motors expects to shed upwards of nearly 1,800 hourly employees through a new attrition program aimed at keeping fixed costs down, after agreeing to raises and a revamped profit-sharing scheme with the United Auto Workers union. According to GM’s details of the new 4-year labor agreement, which the UAW ratified Wednesday, the attrition program targets about 1,000 of the auto maker’s 10,000 skilled-trade workers and 800 of its 39,000 production-line employees. GM ...
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