General Motors announced today that approximately 19,000 hourly employees have opted to leave the automaker's ranks in exchange for a buyout offer and retirement incentives. The offer was extended ...

The upside, however, is that GM would presumably warranty the batteries for the life of the lease, easing concerns over what happens to the battery packs if and when they fail. In order to sell ...

While some companies are freezing their pension plans, others, like General Motors, are using early-retirement incentives as a way to trim their workforce and cut costs. In late June, GM announced ...