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 ...

Premium Content (PAID Subscription Required)

"GM says 35,000 workers accept buyouts" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×