Comments on: GM Buyouts, Pt. 1: 19k Flee Sinking Ship

By: NickR

NickR — Sat, 31 May 2008 04:05:27 +0000

SunnyvaleCA…you are in good company, so long as I am good company.

I’d kill for an offer like that.

By: Redbarchetta

Redbarchetta — Fri, 30 May 2008 21:42:31 +0000

That’s a great book, and an easy read, but I hardly think GM would use it for anything except kindling since he isn’t so kind to Detroit in the book or any of those poorly run bureaucracies or our current politicians.

By: mikey

mikey — Fri, 30 May 2008 21:37:08 +0000

Dean: Not all of us are idiots OK? You can not judge a guy by the color of his collar.

By: radimus

radimus — Fri, 30 May 2008 19:28:55 +0000

Somehow an old saw about rats and a sinking ship comes to mind.

By: crc

crc — Fri, 30 May 2008 18:56:48 +0000

With all the cuts to the workforce, it sounds like they won’t be needing as many “top managers” either. Wait, never mind.

By: dean

dean — Fri, 30 May 2008 18:55:35 +0000

“Involuntary firings” – Are there any other kind?

I wonder how many of the 19k are going to piss away the buyout money and end up broke and embittered at “the man.”

By: SunnyvaleCA

SunnyvaleCA — Fri, 30 May 2008 18:15:13 +0000

Pension and retirement benefits plus being paid $62k to quit. I work in the wrong industry! :-)

No, I’m glad I don’t work for Detroit. But seriously, this just shows how varied labor experiences are in this country. From 1992 through 2002 I had 7 different full-time jobs and 2 contract jobs. There was never a pension (or union), just a self financed 401k.