#concessions
Ford Rolling Over To Union On Tuition Assistance
With talk of a 2010 profit breaking out at Ford’s annual shareholder’s meeting, the UAW’s criticism of the Blue Oval’s decision to restore merit pay to white-collar workers is gaining some traction. UAW boss-in-waiting Bob King laid into Ford yesterday, arguing that the union’s sacrifices entitled it to a bigger piece of Ford’s success. As a result, Nasdaq reports that Ford is in talks to restore tuition assistance to its 41k hourly, UAW-represented workers. [UPDATE: Automotive News [sub] reports the deal is done]
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Edward Niedermeyer
May 13, 2010
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