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GM and Delphi buyouts push massive automaker workforce cuts
About 47,600 workers at General Motors and Delphi accept buyouts or early retirement, with GM noting roughly 35,000 departures to hit a 30,000 manufacturing job reduction by 2008. Delphi reports about 12,600 early retires. 4,600 GM buyouts and 30,400 retirements cited, as banks review Delphi offers for bankruptcy.
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