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UAW to renegotiate labor terms, suspend jobs bank

By: Pam On: Dec/3/08 - 1 Comment

AP – The United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delayed payments of billions of dollars to a union-run health care trust to do its part to help the struggling companies secure $34 billion in government loans.

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Posted on: December 3, 2008 |

Posted in: Economy, Jobs, Subprime Crisis

One Response to “UAW to renegotiate labor terms, suspend jobs bank”

  1. The Irascible Chef » The Difference
    December 4, 2008 - 07:57 PM on December 4th, 2008

    [...] UAW to renegotiate labor terms, suspend jobs bank by Pam AP – The United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delayed payments of billions of dollars to a union-run health care trust to do its part to help the struggling companies secure $34 billion in government loans. [...]

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