|
GM hourly workers face layoffs
GM hourly workers face layoffs
Posted Tuesday, Aug 4, 2009, 1:40 pm in Employee News
General Motors Co. may lay off hourly workers this year because only about 6,000 employees accepted its most-recent buyout and early retirement offers, which was fewer than targeted, The Detroit News reported.
That’s about 7,500 fewer workers than officials want to cut this year as part of a court-ordered restructuring, according to the automaker, the paper said. GM has said it wants to eliminate 21,000 jobs this year but so far about 13,000 employees have accepted buyouts and early retirements, the News said.
The total, announced Monday, helps GM cut hourly costs, close the gap in pay with foreign automakers that build vehicles domestically and could clear the way for GM to eventually hire lower-paid workers, the paper said. Since 2006, about 66,000 U.S. hourly workers have accepted buyouts and early retirements, the story said. (The Detroit News)
__________________
Rick
Nitro Year: 2007 (1 of 113,000 sold)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
|
Linear Mode
