GM posts $38.7B loss for 2007, offers buyouts to 74,000 hourly workers

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latimes.com — OUCH! General Motors Corp. reported a $38.7 billion loss for 2007 today, the largest annual loss ever for an automotive company, and said it is making a new round of buyout offers to U.S. hourly workers in hopes of replacing some of them with lower-paid..

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pleeker pleeker submitted this about 1 year ago.

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