Breaking! 35,000 Workers Accept GM Buyout


The buyout period is now over and choices have been made by many and now must be lived with by all. Word from the RenCen in downtown Detroit — along the scenic Detroit River (one of us who used to work for Travel Michigan must add) — is here! And the word is — 35,000 workers have accepted the buyout. But what does this mean? What we know is this'll save GM somewhere around $160,00 per worker — even if they end up hiring temp workers to take the newly-retired workers jobs. Not too shabby if you ask us.

GM Says 35,000 Workers Took Buyouts of as Much as $140,000 [Bloomberg]

Related:
Choose Your Own Adventure: GM Edition [internal]