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GM’s Daewoo division
was in tough shape about six years ago, and as a result, the automaker was forced to shed workers. Sound
familiar? But then the story takes an odd twist — Daewoo has recovered, and as a result, it has begun rehiring some of
the 1,700 workers that were let go during restructuring.
As we see it, such actions will help further
labor-management trust, and that’s a necessary thing when a company takes a painful action in the short-term for the
purpose of long-term health… a lesson that the rest of the industry would do well to take note of.
[Hat tip –
GM Inside News]