About 5000 GM salaried workers take buyouts avoiding layoffs Chattanooga Times Free Press

DETROIT (AP) — About 5,000 white-collar workers at General Motors took the company’s buyout offers, which the automaker says is enough to avoid layoffs at this time. GM said Tuesday that the offers will save about $1 billion per year in costs, about half of the $2 billion it wants… Read More

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