General Motors Corp. today (June 26) will detail how many hourly workers have accepted buyout offers, expected to reduce drastically the cash-strapped auto maker’s U.S. workforce and slash long-term employment costs. The deadline to accept the severance offers was June 23. GM Chairman and CEO Rick Wagoner will brief reporters on the compensation package after the close of the market. Some 37,000 employees, including up to 9,000 workers at top GM supplier Delphi Corp., reportedly have ...
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