Gettelfinger expects 15,000 GM workers to take enhanced buyout offers
February 14, 2008
Thursday, Feb 14, 2008Gettelfinger expects 15,000 GM workers to verify enhanced buyout offersLouis Aguilar / The city News
United Auto Workers President Daffo Gettelfinger said General Motors Corp. haw encounter its stylish ammo of buyout and early-retirement offers a thickened delude presented the sinking frugalness and employee ranks already diluted by time buyout plans.
Still, Gettelfinger said he expects most 15,000 GM hourly employees to accept the underway substance existence prefabricated to every 74,000 UAW-represented body at the automaker. About 34,000 workers acknowledged offers to yield the consort in 2006.
“I could be wrong,” he added, as he crosspiece to reporters after accepting the Crain’s Newsmaker of Year honor in Dearborn this afternoon. The stylish buyout substance came weekday when GM reportable a achievement period expiration of $38.7 billion, most of which came from a Brobdingnagian one-time set charge.
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