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+--- Thread: Automotive Bad News (/showthread.php?tid=3865)
Automotive Bad News - oldeguy - 02-13-2008
Ford to offer buyouts to 8-9,000 employees
GM to offer buyouts to all unionized workers. ( not clear if that includes Canada )
Gm's net loss for 2007 was $23 million
Just read it's for the US workers that the buyouts are offered at GM
Automotive Bad News - darkpuppet - 02-13-2008
yeah, GM keeps breaking records... of the wrong kind!
Automotive Bad News - ANTHONYD - 02-13-2008
Last I heard, Chrysler was in a real slide too.
Automotive Bad News - Canadian ST - 02-13-2008
ANTHONYD,Feb 12 2008, 12:51 PM Wrote:Last I heard, Chrysler was in a real slide too.
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I did some work up at the Chrysler head office last month and talking to some of the senior guys most were offered $50'000-$75'000 buy outs.
Automotive Bad News - meford4u - 02-13-2008
GM and Chrysler are light years behind the times. Ford starting offering buyouts when the decision was made to close plants(including the truck plant) in what???2002 I believe??
Unless your very close to retiring, the buyout is not worth it.
Automotive Bad News - Flofocus - 02-13-2008
Bell is doing the same now too.