Oh, how the mighty have fallen. GM has recently announced that they wil begin offering an early retirement plan to 28% of their 32,000 strong U.S. workforce in hopes of cutting down yearly spending.
The 9,000 offered the incentive will have 45 days to accept the offer, or refuse it of course, and if all goes as planned GM hopes that this will cut down spendings by up to 10 billion dollars.
This could all be blamed on the one thing that we all have in common: rising gas prices. If the gas prices hadn’t risen, people would still be buying those big honkin’ SUVs, that used to be so common, and GM would still be sellin’ good, meaning they wouldn’t have to do things like this. But you all already knew that, right?
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