Looks like it is becoming a done deal–if so, the workers will keep their jobs but will give up their livelihood.  Enough of the give-backs!

All of the UAW locals that voted on the union’s tentative agreement with American Axle & Manufacturing Inc. appeared to have approved the deal, including those whose members face some of the agreement’s worst terms, such as plant closures and $10 an hour wages.

It was ratified in Three Rivers, said the local’s president, who declined to say by how much. That plant, with about 800 people, faces wages that would drop to as low as $10 an hour in order to keep the plant open.

People familiar with the votes said the deal passed at UAW Local 262, which represents a Detroit forging plant that is scheduled to close by Nov. 30.

The agreement also passed at two open plants and one closed plant in western New York by 81%, according to the Associated Press. If this contract passes, two of that region’s three plants would close. The plants that approved the deal represent about 1,650 workers.

But ultimately, the deal’s fate may be decided in Detroit.

Voting is to take place Thursday at UAW Local 235, the company’s largest local at 2,000 strong.

The votes in favor of the contract came as Wall Street punished American Axle’s stock. On Tuesday alone, American Axle’s stock dropped 7.5% to close at $19.82.

American Axle aims to cut its UAW workforce covered by the tentative contract by 2,000 by the end of the year through attrition programs and even layoffs, said people who were briefed on the talks. Workers were told that 900 of those would come from the remaining Detroit plant.

Additional concessions that go beyond wages and benefits would give workers five fewer holidays over the course of the 4-year contract, a smaller holiday bonus, shorter breaks and smaller shift premiums.

The workers are losing on all fronts…this is just another worker unfriendly contract.  It is time for the workers to decide that the time has come to stop giving back to a company that makes millions off their toll.