Saab Workers Threaten To File For Company’s Bankruptcy
DETROIT (WWJ) – An ultimatum from the roughly 1,500 Saab workers to the financially reeling car company. Saab workers want to be paid. Now.
The employees of the financially troubled Swedish car-making firm have yet to receive their August paychecks, so they’ve issued an ultimatum; they will file for Saab’s bankruptcy next Tuesday unless a court steps in to protect the company from its creditors.
Saab was once part of the General Motors family. GM sold the company to Netherlands-based Spyker Cars in 2010.