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Old 08-04-2008, 10:45 AM   #11 (permalink)
fp115
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Join Date: May 2003
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Re: GM Staggers Under Losses

Quote:
Originally Posted by HotCarNut View Post
Yeah, but don't think that the 15-20% of white collars will get buyouts. They'll be lucky to get severance. Remember, they aren't represented by the UAW and don't have the golden parachute that the assembly workers generally have.
They will be getting in most cases an early retirement package. May not be billions of dollars, but it will be enough to show up on the map.
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