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Archive Home > 2009 > August > 04 > GM buyout offer falls short; layoffs loom

GM buyout offer falls short; layoffs loom


August 4, 2009

DETROIT " About 6,000 General Motors Co. blue-collar workers have taken the latest round of early retirement and buyout offers, but it fell short of the company's goal, meaning more layoffs are likely. GM has about 54,000 factory workers and wants to end the year with 40,500, a cut of about....

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