Delphi Staff May Be Offered Buyouts
According to a United Auto Workers leader, GM and Delphi are offering several enticements to union workers, including retirement incentives as high as $35,000. GM and Delphi hope that workers? acceptance of these inducements will allow GM to eliminate some 30,000 factory jobs by 2008, as amicably as possible.
See "Delphi Staff May Be Offered Buyouts", Los Angeles Times, March 20, 2006