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GM offers buyouts to 74000 U.S. hourly workers
General Motors announced a new round of buyouts for all 74,000 U.S. hourly workers represented by the UAW. Details will arrive over weeks, with most departures expected by July 1. The plan allows replacing up to 16,000 assembly and nonassembly jobs at half the current wage, and retirement incentives were increased for eligible workers.
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