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Automakers' Jobs Bank Program Pays Laid-Off Workers to Do Nothing
Thousands of laid-off auto workers get paid $31 an hour to sit around and do nothing all year under a controversial program that could continue even if American taxpayers bail out the American auto industry. The program, called "Jobs Banks," has been around for 24 years.
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- News Source: Chicago Tribune | about 1 year agoChrysler LLC , seeking to cut 25 percent of its salaried workforce by year-end, is pressing employees to take buyouts or early retirement by Wednesday to help reach its goal without firings. Chrysler said last month that it wants to trim about 4,300...
- News Source: Fox News | about 1 year agoThousands of laid-off auto workers get paid $31 an hour to sit around and do nothing all year under a controversial program that could continue even if American taxpayers bail out the American auto industry. The program, called "Jobs Banks," has been...
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