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2. Marchionne wants UAW to embrace flexible pay as talks begin

2015-07-15 09:22:44| Automakers - Topix.net

Fiat Chrysler CEO Sergio Marchionne, speaking today at the ceremonial opening of labor negotiations with the UAW, said pay increases for workers should come in the form of profit-sharing and other flexible compensation to avoid locking in higher costs during an industry downturn. Marchionne also stressed that he contemplated no reduction in the company's blue-collar workforce in the event FCA merges with another automaker to help reduce redundant product development costs.

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Category:Automotive

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