GM Offers Retirement Incentives

By

Auto-maker General Motors has reported a 38-billion dollar loss for 2007, its biggest annual loss ever.Now GM’s offering retirement incentives – or “buyouts” — to its US hourly workers, which can be replaced with new ones who’d be paid lower wages.As Brian Bull reports, some Janesville employees are excited at the prospect…

Text over image reads Grateful for members like you! Make your 2025 tax-deductible gift before Dec. 31. Red button below says Donate Now. Background shows a pomegranate and nuts.

News with a little more humanity

WPR’s “Wisconsin Today” newsletter keeps you connected to the state you love without feeling overwhelmed. No paywall. No agenda. No corporate filter.

This field is for validation purposes and should be left unchanged.

Related Stories