Friday, August 29, 2008


That's a lot of jobs.

Aug. 29 (Bloomberg) -- General Motors Corp. is offering early-retirement incentives to about 9,000 U.S. salaried employees, or 28 percent of that workforce, people familiar with the plan said.

GM, the largest U.S. automaker, said July 15 it wanted to cut 20 percent of its salaried-worker costs in the U.S. and Canada by Nov. 1. The employees have 45 days to consider the proposal, said the people, who asked not to be named because the details haven't been made public.