Via Anime
EpisodeHomeFAQRegisterLog in

Share | 

 600 GM workers change minds on buyouts

Go down 
VIA Global moderators
VIA Global moderators

PostSubject: 600 GM workers change minds on buyouts   Sat Apr 04, 2009 3:00 pm

About 600 hourly General Motors Corp. workers who initially accepted early retirement and buyout offers changed their minds by Tuesday's deadline, the automaker said today.

GM initially reported 7,631 United Auto Workers members accepted offers aimed at trimming costs and clearing the way for the company to hire new workers at half the hourly wage, a key to helping the company slash costs and comply with a $13.4 billion federal loan package. But the workers had until Tuesday to reconsider.

The deadline to reconsider fell a day after President Obama's auto task force concluded that GM failed to outline a credible plan to profitability and suggested that a short-term bankruptcy may be the "best chance of success" for the automaker.
Back to top Go down
600 GM workers change minds on buyouts
Back to top 
Page 1 of 1
 Similar topics
» How many quilters does it take to change a light bulb?
» HIgh Gain VTA Board Change Tubes for Lower Gain
» Japanese Maple leaves change color in full sun
» Stone described the human shape : WORKERS
» Wolves change the landscape :-D

Permissions in this forum:You cannot reply to topics in this forum
ViaAnime :: General :: World News-
Jump to:  
Create a forum on Forumotion | © phpBB | Free forum support | Contact | Report an abuse |