GM offers early retirement to U.S. salaried staff


DETROIT, Aug 29 (Reuters) - General Motors Corp is offering early retirement incentives to about 28 percent of its U.S. salaried work force as part of its effort to reduce payroll expenses and conserve cash. The incentives were offered to about 9,000 U.S. employees, a person familiar with the plan said on Friday. A GM spokesman confirmed the offers but declined to specify the target for buyouts or the details of the incentive offers. GM's U.S. operation employs 32,000 salaried staff. ...

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