General Motors has announced that it will offer a new round of buyouts for UAW workers beginning early next year. The buyout, which will be offered to about 5,200 employees, is part of the latest deal reached between the UAW and GM back in September.
The new agreement allows GM to replace thousands of “non-core” jobs with lower paid workers. The new workers will start at about $14 and hour — half of what the current UAW workers earn.
According to Automotive News, the buyouts will include early retirement incentives, similar to those offered in 2006.
