General Motors offers buyouts to hourly workers
General Motors said Thursday it was offering voluntary buyouts or early retirement packages to all its hourly production workers as part of the troubled automaker's overhaul.
General Motors Company today confirmed it has made the previously announced voluntary $4 billion cash contribution to its United States hourly and salaried pension plans, with a $2.7 billion contribution going to the hourly plan and $1.3 billion to the salaried plan.