It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
At GM, about 12 percent of the company's U.S. hourly work force of 62,400 decided to leave, most through early retirement offers.
GM offered $20,000 cash and a $25,000 voucher to buy a car to all of its hourly U.S. employees in an effort to further trim its blue-collar work force to match reduced sales. company.
...Both GM and Chrysler are living on a total of $17.4 billion in government loans and are seeking another $21.6 billion.