General Motors Corporation and the United Auto Workers union on December 18 reached an agreement on the first phase of a comprehensive special attrition program. The agreement is a key step in the implementation of the 2007 GM-UAW national contract.
In the first phase, the attrition program will be offered to all UAW-represented hourly employees working at GM’s Service Parts and Operations (SPO) facilities across the country. The program also will be offered to hourly employees at GM’s
Special attrition program details for UAW-represented hourly employees who work in GM’s assembly, stamping, powertrain and engineering facilities will follow in early 2008.
“We continue to work closely with our UAW partners to improve our competitiveness in the currently challenging U.S. market conditions, while also investing in future products and technologies critical to support our leadership in fuel economy,” said Rick Wagoner, GM chairman and chief executive officer. “This first phase of a comprehensive attrition program, designed in conformance with the 2007 UAW national labor agreement, provides our employees with attractive options to consider.”
The attrition program will include a combination of early retirement incentives and other considerations similar to the special attrition program that GM, the UAW and
