GM may unveil profit sharing plan next week - WSJ

Newswire

Feb 9 (Reuters) - General Motors Co may pay its U.S. hourly workers at least $3,000 each as a share in profit, after the automaker returned to profitability in 2010, the Wall Street Journal said, citing people familiar with the matter. GM is expected to unveil the company's biggest ever profit sharing plan next week, which would benefit about 45,000 workers. The company's previous largest payout was $1,775 per worker in 1999, the newspaper said. The current profit sharing figures are ...

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