Re: The Big 3 - Bail out or Bust
GM to pay more than $400 million in worker bonuses
DETROIT – Less than two years after entering bankruptcy, General Motors will extend millions of dollars in bonuses to most of its 48,000 hourly workers as a reward for the company's rapid turnaround after it was rescued by the government.
The payments, disclosed Monday in company documents, are similar to bonuses announced last week for white-collar employees. The bonuses to 76,000 American workers will probably total more than $400 million — an amount that suggests executives have increasing confidence in the automaker's comeback.
http://news.yahoo.com/s/ap/20110214/...motors_bonuses
A wise man speaks when he has something to say...A FOOL speaks when he just has to say something
Bookmarks