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G.M. Board Wants Cut in Benefits





The union workers should know they are earning more than they deserve in a competitive market.

From New York Times:

The board of General Motors has given the United Automobile Workers union until the end of the month to agree to cuts in its members' health care benefits, union officials said Tuesday.

Many local union leaders have said they were willing to make concessions, but not to the extent that G.M. was seeking. If the union and the company cannot agree by the end of the month, G.M. is threatening to make the cuts on its own. Such a step could lead to a breakdown in G.M.'s relations with the union and possible strikes.

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