gm buyouts


600 GM workers change mind on buyouts, cling to jobs instead

In these uncertain economic times, a job working for an automaker with a possible bankruptcy looming in the distance may be better than no job at all. This fact must be readily apparent to the 600 or so General Motors workers who have changed their mind and turned down the automaker's latest round of buyout offers, in this case worth $20,000 in cash plus a $25,000 voucher to buy a brand new vehicle from The General. Previous buyouts had offered as much as $140,000 to leave, depending on the individual worker's total years of service. Even with ... Read more →

GM announces 2007 loss and new buyouts for entire union workforce John Neff

Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the ...

600 GM workers change mind on buyouts, cling to jobs instead 8 months ago on Autoblog

In these uncertain economic times, a job working for an automaker with a possible bankruptcy looming in the distance may be better than no job at all. This fact must be readily apparent to the 600 or so General Motors workers who have changed their mind and turned down the automaker's latest round ...

GM announces 2007 loss and new buyouts for entire union workforce 1 year ago on Autoblog

Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the automaker's net loss last year rises to $38.3 billion. Aside from that, we're interested in how GM ...






Autoblog Podcast #158: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

 
 

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