Chrysler Offering Buyouts to More Hourly Employees
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Chrysler offered buyouts of as much as $100,000 to most of its hourly workers in the Detroit area as part of its plan to cut as many as 10,000 more jobs.
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General Motors Corp. GM.N, the  world's biggest automaker, will keep shrinking its U.S. work  force this year, offering buyout packages to more salaried  employees to offset rising costs, executives said on Monday.
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Chrysler Group on Friday  said it is rolling out the most aggressive auto incentives of  the year, combining employee-level pricing with zero-percent  financing and a 30-day return guarantee.
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The U.A.W. agreed on a program to offer buyouts of up to $140,000 each to all of FordÂs hourly workers in the U.S.
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DaimlerChrysler AG's Chrysler Group plans to cut more than 10,000 factory jobs and close at least two plants to return the U.S-based unit to profitability, the Detroit News said on Monday.
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Chrysler LLC has proposed shedding  non-core assets in contract talks with the United Auto Workers,  the Wall Street Journal reported in its online edition.
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Chrysler LLC has proposed shedding non-core assets in contract talks with the United Auto Workers, the Wall Street Journal reported in its online edition.
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Representatives from Cerberus Capital Management  met executives from Chrysler Group on Monday to consider a possible bid for the struggling automaker, the Detroit News reported on Tuesday.
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Ford Motor Co.  on Wednesday said a total of 38,000 employees -- almost half of the automaker's U.S. factory workforce -- had accepted buyout offers to leave the company.
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Representatives from Cerberus Capital  Management  met executives from Chrysler Group on  Monday to consider a possible bid for the struggling automaker,  the Detroit News reported on Tuesday.
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About 8,000 U.S. hourly workers left struggling automaker Ford Motor Co.  in January after taking buyout offers, said Mark Fields, president of the Americas and overseer of Ford's restructuring.
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General Motors Corp  said on Tuesday it has reached an agreement with the United Auto Workers union to offer a new round of buyouts to its U.S. hourly workers.
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General Motors Corp will offer buyouts or early retirements to all 74,000 U.S. hourly workers represented by the United Auto Workers in a sweeping deal with the union intended to clear the way for GM to hire lower-cost replacements.
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General Motors posted better-than-expected fourth quarter financial results, but indicated that its efforts to shave costs are not behind it as it offered buyouts to 74,000 employees - its entire U.S. hourly workforce.
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General Motors Corp  said on  Tuesday it has reached an agreement with the United Auto  Workers union to offer a new round of buyouts to its U.S.  hourly workers.
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Car giant Chrysler has opened its books to a buyout specialist for an in-depth look at its finances, reports say.
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General Motors Corp. said on Wednesday it will offer buyout packages early next year to its salaried employees in the United States to cut costs.