General Motors (GM)—America’s largest automobile manufacturer—recently announced it would be offering buyouts to roughly 18,000 salaried workers. Unfortunately for the automotive giant, only about 2,250 employees went for that offer.
Scaling Down
“Under GM’s buyout offer, eligible employees could receive six months’ pay and six months’ health care coverage starting in February, though on a case-by-case basis some employees could leave before the end of the year to effectively get eight months’ compensation,” reports The Detroit News.
