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American Axle Proposes Cuts and Buyouts to End 11 Week Strike

656 Views 2 Replies 3 Participants Last post by  NfamousZ24

Today, American Axle made an offer to the union to bring the 11-week strike to an end. It includes buyouts to workers who have been on the job for more than 10 years, retirement packages to senior workers, and payouts to ease salary adjustments as American Axle makes pay cuts to keep their U.S. operations competitive.
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Detroit area UAW members are to vote on Thursday.

I expect and think it will pass. It won't pass at the Forges, But I think there will be enough at the other 3 plants to pass it.
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