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Wednesday, September 26, 2007

Strike ends as GM & UAW reach agreement

Fort Wayne's economy survives yet another challenge as more than 2800 employees returned to work at the local GM plant following a two-day strike. Terms of the final agreement are still cloudy at this time but UAW representatives feel confidant its members will accept the new contract. UAW President Ron Gettelfinger was quoted as saying, "For active members, there will be some changes. I think overall they will be very, very pleased with the outcome of these negotiations and the job security associated with it."

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Blogger JM said...

The last thing that GM needed these days was a prolonged labor action. Although with rare exceptions I've always thought GM meant "Great Mediocrity" it would have been ashamed to see their comeback derailed by this, and wouldn't have been a great straw in the hat for unions either.

title="comment permalink">September 26, 2007 1:43 PM  
Blogger Parson said...

It sounds like UAW caved in like a Democrat voting to give Bush more domestic spying powers. (IMO)

title="comment permalink">September 26, 2007 9:22 PM  
Blogger Vic DeMize said...

Actually, I think the strike did more to convince GM to cave than it did the union. Reports sounded like UAW got the assurances they were looking for.

title="comment permalink">September 26, 2007 11:52 PM  

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