GM appeals direct to employees as strike losses pile up

General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of its latest offer aimed at ending a month-long strike. While emphasising GM’s commitment to the collective bargaining process, the letter, signed by Executive Vice-President for Global Manufacturing Gerald Johnson, circumvents United Auto Workers (UAW) leadership and points to frustration at a lack of progress on ending a conflict that has already cost the company more than $1 billion. …read more

Source:: Yahoo Finance

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