Report: GM To Offer Retirement Incentives
Posted: 5:14 am EST March 22, 2006Updated: 6:32 am EST March 22, 2006
DAYTON, OHio -- A Detroit newspaper is reporting that General Motors will soon offer retirement incentives.The incentives range from $35,000 to more than $100,000 to nearly all of its 113,000 employees. This is being considered as part of the company’s downsizing.The reports said GM is expected to make the offers to workers in three categories: those with more than 30 years or more of service, those with between 27 and 30 of service and to nearly all of its lowest seniority blue-collar workers.The results are expected to impact all of the GM and Delphi workers in the Dayton area.
Previous Stories:
- March 15, 2006: UAW Chief: Deal With Delphi, GM Not Close
- March 9, 2006: UAW: Not Close To Agreement With Delphi, GM
- March 9, 2006: Report: Delphi, GM Nearing Agreement With Union
- February 21, 2006: GM’s Third Shift To Be Eliminated
- February 17, 2006: Moraine To Discuss Options With GM About Plant
- February 16, 2006: Future Of GM Moraine Plant Looks Bleak
- December 1, 2005: Workers At GM Moraine Plant Get Extra Time Off
- November 11, 2005: GM Auto Workers OK Health Care Deal
- October 21, 2005: GM, UAW Reach Tentative Deal On Health Care
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