GM, Chrysler offer buyouts and early retirement to workers
Tuesday, February 3, 2009 General Motors NYSE: GM (GM) and Chrysler have both begun to offer layoff packages to their workforces. The automobile manufacturers have been hard hit in the recent economic downturn and have been forced to seek federal aid from the U.S. government. Reports say that GM’s package includes a $20,000 cash payment and a […]