GM employee buyout dealine TODAY

Estimated that about 25% will take it...What does a middle age man with NO High School diploma currently making $28/hour plus great benefits do when on the job market?
quote......
(June 23, 2006) - - It was decision day for thousands of auto workers across the nation, as General Motors' buy-out deadline hit Friday afternoon.

Hundreds of workers at the GM Powertrain plant in the Town of Tonawanda signed papers to leave their jobs Friday.

General Motors offered the buy-out deal, worth up to $140,000, for workers to retire early, and give up health care benefits.

Up to 30,000 employees nationwide were expected to take the deal.

GM Powertrain employee Paul Kowal said, "They're saying 1 out of 3, or 1 out of 4 in the plant are gonna take it."

GM Powertrain employee Artice McDowell said, "Sad to see some of them leave, but 30 years is a long time."

A deadline also hit for Delphi employees to take an early retirement deal Friday.

The Delphi buy-out deadline is late next month.
end quote.......
http://www.wivb.com/Global/story.asp?S=5072838

don't have a job that pays well or provides benefits--thank's Mr. Bush...

A belated welcome to DU.... :hi: