Very interesting how General Motors had a record loss of nearly 39 Billion Dollars last year, announced early this week, and has offered buyouts to its 74,000 employees. A minimum of 20% of its workforce is expected to accept buyouts.
New York Times:
http://www.nytimes.com/2008/02/15/business/15union.html?ref=business
However it is still close to a 0% loss on the week.
New York Times:
http://www.nytimes.com/2008/02/15/business/15union.html?ref=business
However it is still close to a 0% loss on the week.
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