Thursday, May 29, 2008

Statistic Of The Day: 1/4th Of GM's Workforce Took Buyout

General Motors announced today that 19,000 members, equaling 25% of its total US workforce, took the buyout offered in February, following falling sales.

An earlier buyout in 2006 was accepted by 34,000+ workers.

Imagine where the company and its workforce would be - - let alone the State of Michigan and communities like Janesville - - had GM moved a few years ago forcefully towards efficient vehicles and hybrid/alternative fuel engine technologies instead of to the short-term profitability of SUV's and so-called light trucks.

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