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Over the past year, unemployment has been on the near-constant rise. Every time I turn around it seems as though some other company is cutting 20% of its work force. Many of the larger companies, however, are doing something to try to ease the layoffs …

7,500 workers equals to about 12 percent of GM’s total workforce (not including other manufacturers in the supply chain, of course).
GM’s incentive to retire early was $20,000 and a $25,000 voucher for the purchase of a car.
The workers who put in their early retirement …

The United States Postal Service said today that it will offer early retirement to 150,000 workers, cut management and close offices. Last year the government run service lost $2.8 billion and may be looking at larger losses for this year.
It said that it will cut …