GM says 35,000 workers accept buyouts

Newswire

DETROIT, June 26 (Reuters) - General Motors Corp. said on Monday that about 35,000 workers have accepted buyout and early retirement offers from the automaker. GM said it expects to reach its target of reducing 30,000 manufacturing jobs by Jan. 1, 2007, about two years ahead of the previously announced schedule. Based on preliminary numbers, about 4,600 of the employees accepted buyouts and about 30,400 chose to retire, GM said, adding that most will retire or leave the company by the ...

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