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GM, Delphi & UAW agree to buyout plan

GM & Delphi, with the blessing(?) of the UAW, will be offering a buyout plan to its workers. GM said the retirement offers will be made to all 113,000 GM hourly employees and select UAW-represented members at Delphi’s hourly work force. Delphi has about 24,000 UAW hourly workers.

More info here...

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