Chrysler is making a new early retirement offer to members of the United Auto Workers Union at six factories, including two Detroit area plants, which are now slated to be left behind when the “new” Chrysler emerges from bankruptcy.
The offer comes on top of another outstanding buyout/early retirement package that was first presented to UAW members back in February and is set to expire May 26.
The objective of both buyout and early retirement packages is to reduce the size of the company’s hourly work force in the U.S. from 26,000 to about 22,000 or less, according to documents filed with the US Bankruptcy Court for the Southern District of New York.
UAW members at the Sterling Heights Assembly in Sterling Heights, Michigan, Conner Avenue Assembly plant in Detroit, Kenosha Engine in Kenosha, Wisconsin, and Twinsburg Stamping in Twinsburg, Ohio, and two assembly plants in Fenton, Missouri, near St. Louis, have until May 26 to accept the new offers, Chrysler officials said. (more…)