Word: gm
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Dates: during 1990-1999
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DETROIT: If GM is to thrive in the future, the world's largest carmaker needs to remake itself. It must be leaner and more productive, with less workers making fewer models. Company officials knew that -- and certainly the United Auto Workers knew it, too. And when union leadership saw GM trying to make those changes, it decided to fight the future. And the unions...
FLINT: Now that the GM strike appears to be finally settled, who won? TIME reporter Joe Szczesny, who's been following the 54-day-long strike in Flint, says that the preliminary decision goes to the union. While details are still trickling out, UAW vice president Richard Shoemaker promised that the rank and file of the two local unions would get first look at the particulars...
...union got some jobs and a promise not to sell plants," says Szczesny. "GM will invest $180 million in the Flint Metal Center in exchange for an improvement in productivity there." In return, the union will settle the festering disputes at three other locations not on strike -- and Szczesny thinks GM may have won more than the union announced Tuesday. "There should be more back end for GM coming out soon" as details of the deal emerge over the next few days, he says. No matter how it did, the world's largest carmaker can't get back to making...
...Striking GM workers could be back on the job as early as today if they vote to ratify the agreement ending their walkout, which has cost the company an estimated $2 billion...
...years ago in Flint, GM and the U.A.W. negotiated a deal they pretended was efficient: in exchange for labor peace, GM pays workers for a full day but allows them to leave early if they have finished their daily quota. GM and the U.A.W. also like to pretend that painful strikes are a necessary evil in building a world-class car company. But the pain of this strike will be mild by comparison if the company fails to resolve its deeper problems...