UAW Would Support GM Early Retirement Plan: Opening the door to faster job reductions at General Motors Corp., United Auto Workers leaders say they would welcome a new early retirement offer for GM’s hourly workers. At the UAW’s collective bargaining convention in Detroit last week, union officials from GM parts and assembly plants said they believe there is widespread support among workers for a new program. GM has not made such an offer since about 16,500 hourly workers opted to retire early under a program offered in February and March. A new retirement offer would speed up GM’s goal of reducing U.S. hourly employment to 250,000 workers by the mid-1990s, from 272,000 in early March.
From Times Staff and Wire Reports