GM Offers Union Buy-Out Excerpt:
NEW YORK (CNNMoney.com) -- In an effort to shave ongoing losses, General Motors offered lucrative buyouts Tuesday to 74,000 employees - its entire U.S. hourly workforce.
JG Excerpt:If it's the middle-class Obama wants to court, he'd better hurry on this one.
"Sen. Obama will hold events in Janesville, Waukesha and Racine for town hall meetings focusing on the needs of Wisconsin’s middle class families," according to the news release.
The Janesville Gazette title's the GM union-crushing story as "GM Launches New Attrition Program." How's that for a positive spin?
2 comments:
So sad. It will be very interesting to hear what Obama will spin up on this one and whether his "change" can help this predicament.
Yes indeed! But I think it was a mistake for Obama to pick GM for the visit. The timing is wrong. It probably won't hurt his momentum though.
But does Janesville have an indoor facility that can handle up to 5,000 people with parking? I don't think so.
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