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Thread: UAW’s Chrysler Equity Is Small Comfort as Union’s Power Wanes
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[quote=MARRIE,365545]The contract reduced the number of skilled trades classifications, which the UAW used historically to keep work in-house. The contract also has a provision that as much as 25 percent of the total Chrysler-UAW workforce will make $14 to $16 an hour. This increased from 20 percent in an earlier contract. “They’ve accelerated the downsizing and two-tiering. They’ve accepted the logic of the market beating down the size of these companies and their core union workforce,” said Dan Luria, an analyst with the Michigan Manufacturing Technology Center in Plymouth, Michigan. Gettelfinger said yesterday the union had accepted the concessions by a 4-1 margin. “Our members have responded by accepting an agreement that is painful for our active and retired workers, but which helps preserve U.S. manufacturing jobs and gives Chrysler a chance to survive,” he said in a statement. In a statement yesterday, Obama said the bankruptcy had given Chrysler “a new lease on life.” Harsh Uncertainty [/quote]
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