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GM offers buyouts to 74,000 employees [Archive] - Auto Industry Forum

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mchastek
02-12-2008, 09:45 AM
GM just posted the largest annual loss ever for an automotive company: $38.7 billion. Not only that, but they are offering buyouts to all 74,000 of their hourly workers.

They're bleeding majorly... any thoughts?

http://biz.yahoo.com/ap/080212/earns_gm.html