Honda trimming U.S. workforce with voluntary buyouts
Employees who are accepted into the program will receive a year's base salary, a premium for each year they've put in at the company, retiree health care and COBRA dental and vision coverage. Honda last made such an offer in April of 2009 amidst the global economic meltdown and said in a statement that it has no plans to offer any more early-retirement programs in the foreseeable future.
Honda says it is expecting a "relatively small" number of employees to opt for the buyout package.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models