Archive for May, 2008

Early Retirement - GM says about 25% will take buyout (The Buffalo News)

Saturday, May 31st, 2008

DETROIT General Motors Corp. said Thursday that a quarter of its U. S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more


St. Lucie County to employees: If early retirement's not an option
TCPalm, FL - May 27, 2008
The end of June also is the deadline for employees who are eligible for early retirement to make their decision. Employees who are at least 55 years old,

… read more

General Motors said yesterday that about 19,000 hourly employees, or about one-fourth of its U.S. blue-collar work force, will take buyout or early retirement offers, with most leaving the company by July 1. … read more

General Motors says 19,000 workers accepted buyout and early retirement offers as the automaker’s restructuring gains steam … read more

DETROIT, May 29 — General Motors said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more

William Fallon discusses his frank talk, which left the perception that he was disloyal to his commander in chief and led to his early retirement in March. … read more


Bert Fish offers early retirement packages
Daytona Beach News-Journal, FL - 17 hours ago
By MARK I. JOHNSON NEW SMYRNA BEACH — In an effort to trim costs, Bert Fish Medical Center is offering some of its employees the option of early retirement

… read more

DETROIT - General Motors Corp. said yesterday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers as the automaker scrambles to reinvent itself into a smaller, leaner company less reliant on pickup trucks and sport utility vehicles. … read more

DETROIT (AP) — General Motors says that one-quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers. That will open the door for new hires making less money. … read more

WHAT HAPPENED: General Motors Corp. said Thursday that 19,000 U.S. hourly workers, or 25 percent of its manufacturing work force, will take buyouts and early retirement offers. … read more

Early Retirement - OTE profit flat as retirement charges weigh - MarketWatch

Saturday, May 31st, 2008


MarketWatch - May 29, 2008
In its earnings statement, OTE said that it had taken a EUR41.8 million charge in the first quarter to pay for its early retirement schemes, comprising a

… read more


St. Lucie County to employees: If early retirement's not an option
TCPalm, FL - May 27, 2008
The end of June also is the deadline for employees who are eligible for early retirement to make their decision. Employees who are at least 55 years old,

… read more

General Motors says 19,000 workers accepted buyout and early retirement offers as the automaker’s restructuring gains steam … read more


World Champions and retirement
GrandPrix, NY - 7 hours ago
The usual explanation for early retirement is self-preservation but with the improvements in safety over the years, there has been a switch of attitudes and

… read more


St. Petersburg Times looks to early retirement to cut staff
Bizjournals.com, NC - May 28, 2008
Just after its Tampa competitor announced broad layoffs, the St. Petersburg Times says it is looking to cut its staff. The 300000 daily circulation paper,

… read more

DETROIT General Motors Corp. said Thursday that a quarter of its U. S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more

General Motors said yesterday that about 19,000 hourly employees, or about one-fourth of its U.S. blue-collar work force, will take buyout or early retirement offers, with most leaving the company by July 1. … read more

DETROIT (AP) — General Motors says that one-quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers. That will open the door for new hires making less money. … read more

DETROIT - General Motors Corp. said yesterday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers as the automaker scrambles to reinvent itself into a smaller, leaner company less reliant on pickup trucks and sport utility vehicles. … read more


What Investment

Planning early retirement
What Investment, UK - May 29, 2008
Celebrating a 50th birthday between now and 5 April 2010 means pension benefits can be taken immediately, but turning 50 even a day after this date will

… read more

Early Retirement - World Champions and retirement - GrandPrix

Saturday, May 31st, 2008


GrandPrix, NY - 1 hour ago
The usual explanation for early retirement is self-preservation but with the improvements in safety over the years, there has been a switch of attitudes and

… read more

DETROIT, May 29 — General Motors said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more


What Investment

Planning early retirement
What Investment, UK - May 29, 2008
Celebrating a 50th birthday between now and 5 April 2010 means pension benefits can be taken immediately, but turning 50 even a day after this date will

… read more

As the county attempts to cut costs and trim its budget, it’s trying an unusual pitch on employees: Want to be fired? … read more


OTE profit flat as retirement charges weigh
MarketWatch - May 29, 2008
In its earnings statement, OTE said that it had taken a EUR41.8 million charge in the first quarter to pay for its early retirement schemes, comprising a

… read more

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Early Retirement - Planning early retirement - What Investment

Saturday, May 31st, 2008


Planning early retirement
What Investment, UK - May 29, 2008
Celebrating a 50th birthday between now and 5 April 2010 means pension benefits can be taken immediately, but turning 50 even a day after this date will

… read more

General Motors said yesterday that about 19,000 hourly employees, or about one-fourth of its U.S. blue-collar work force, will take buyout or early retirement offers, with most leaving the company by July 1. … read more

DETROIT (AP) — General Motors says that one-quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers. That will open the door for new hires making less money. … read more

General Motors says 19,000 workers accepted buyout and early retirement offers as the automaker’s restructuring gains steam … read more


St. Petersburg Times looks to early retirement to cut staff
Bizjournals.com, NC - May 28, 2008
Just after its Tampa competitor announced broad layoffs, the St. Petersburg Times says it is looking to cut its staff. The 300000 daily circulation paper,

… read more


GM says 19K US hourly workers taking its buyout offers
The Associated Press - May 29, 2008
DETROIT (AP) General Motors Corp. said Thursday that a quarter of its US hourly workers will take the company's latest buyout and early retirement offers,

… read more


Six tips to retire rich and early
Economic Times, India - 17 hours ago
In such a scenario, early retirement has become more a need than desire. In India too, a booming economy, rising stock prices, increase in salaries and

… read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. The automaker said Thursday that 19,000 workers had agreed to take the buyout offers and leave the company by July 1. GM offered buyouts to all 74,000 of its U.S. hourly workers. GM never said … … read more

DETROIT - General Motors Corp. said yesterday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers as the automaker scrambles to reinvent itself into a smaller, leaner company less reliant on pickup trucks and sport utility vehicles. … read more

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Early Retirement - Planning early retirement - What Investment

Friday, May 30th, 2008


Planning early retirement
What Investment, UK - May 29, 2008
Celebrating a 50th birthday between now and 5 April 2010 means pension benefits can be taken immediately, but turning 50 even a day after this date will

… read more

DETROIT (AP) — General Motors says that one-quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers. That will open the door for new hires making less money. … read more


St. Lucie County to employees: If early retirement's not an option
TCPalm, FL - May 27, 2008
The end of June also is the deadline for employees who are eligible for early retirement to make their decision. Employees who are at least 55 years old,

… read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. The automaker said Thursday that 19,000 workers had agreed to take the buyout offers and leave the company by July 1. GM offered buyouts to all 74,000 of its U.S. hourly workers. GM never said … … read more


Six tips to retire rich and early
Economic Times, India - 11 hours ago
In such a scenario, early retirement has become more a need than desire. In India too, a booming economy, rising stock prices, increase in salaries and

… read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more

General Motors said yesterday that about 19,000 hourly employees, or about one-fourth of its U.S. blue-collar work force, will take buyout or early retirement offers, with most leaving the company by July 1. … read more


OTE profit flat as retirement charges weigh
MarketWatch - May 29, 2008
In its earnings statement, OTE said that it had taken a EUR41.8 million charge in the first quarter to pay for its early retirement schemes, comprising a

… read more

Posted in Early Retirement | No Comments »

Early Retirement - GM wins departure of 19,000 by July 1 (The Toledo Blade)

Friday, May 30th, 2008

DETROIT - General Motors Corp. said yesterday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers as the automaker scrambles to reinvent itself into a smaller, leaner company less reliant on pickup trucks and sport utility vehicles. … read more


OTE profit flat as retirement charges weigh
MarketWatch - 21 hours ago
In its earnings statement, OTE said that it had taken a EUR41.8 million charge in the first quarter to pay for its early retirement schemes, comprising a

… read more


Judge Luis de Lannoy passed away Thursday
Netherlands Antilles Daily Herald, Netherlands Antilles - 3 hours ago
He went on early retirement last year. On completion of his education in the Netherlands, De Lannoy became an officer at the Fire Department in Cura ao.

… read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. The automaker said Thursday that 19,000 workers had agreed to take the buyout offers and leave the company by July 1. GM offered buyouts to all 74,000 of its U.S. hourly workers. GM never said … … read more


GM says 19K US hourly workers taking its buyout offers
The Associated Press - 21 hours ago
DETROIT (AP) General Motors Corp. said Thursday that a quarter of its US hourly workers will take the company's latest buyout and early retirement offers,

… read more


St. Petersburg Times looks to early retirement to cut staff
Bizjournals.com, NC - May 28, 2008
Just after its Tampa competitor announced broad layoffs, the St. Petersburg Times says it is looking to cut its staff. The 300000 daily circulation paper,

… read more

General Motors says 19,000 workers accepted buyout and early retirement offers as the automaker’s restructuring gains steam … read more

DETROIT General Motors Corp. said Thursday that a quarter of its U. S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more

DETROIT, May 29 — General Motors said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more

Posted in Early Retirement | No Comments »

Early Retirement - GM says 19K US hourly workers taking its buyout offers - The Associated Press

Friday, May 30th, 2008


The Associated Press - 15 hours ago
DETROIT (AP) General Motors Corp. said Thursday that a quarter of its US hourly workers will take the company's latest buyout and early retirement offers,

… read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. … read more


Buyout plan makes sense
The Star-Ledger - NJ.com, NJ - 8 hours ago
Jon Corzine's proposal to offer early retirement to thousands of state workers. Experience, say some lawmakers, gives them reason to doubt the plan will

… read more

General Motors says a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers … read more

DETROIT - General Motors Corp. said yesterday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers as the automaker scrambles to reinvent itself into a smaller, leaner company less reliant on pickup trucks and sport utility vehicles. … read more


St. Lucie County to employees: If early retirement's not an option
TCPalm, FL - May 27, 2008
The end of June also is the deadline for employees who are eligible for early retirement to make their decision. Employees who are at least 55 years old,

… read more

WHAT HAPPENED: General Motors Corp. said Thursday that 19,000 U.S. hourly workers, or 25 percent of its manufacturing work force, will take buyouts and early retirement offers. … read more


OTE profit flat as retirement charges weigh
MarketWatch - 15 hours ago
In its earnings statement, OTE said that it had taken a EUR41.8 million charge in the first quarter to pay for its early retirement schemes, comprising a

… read more


WSBT-TV

American Axle expects to cut 2000 US factory jobs
The Associated Press - May 28, 2008
Simonte said most of the job cuts will come through buyout and early retirement offers, although there will be some involuntary layoffs.
American Axle Sees Cost Reduction Of $300 Million From UAW Deal Wall Street Journal
Axle will eliminate 2000 jobs in plants DetNews.com
Axle strike cuts sales by $370 million Windsor Star
Metalbulletin.com (subscription) - MotorTrend Magazine
all 283 news articles

… read more

General Motors says 19,000 workers accepted buyout and early retirement offers as the automaker’s restructuring gains steam … read more

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Early Retirement - Summary Box: 19K GM workers take buyouts (AP via Yahoo! Finance)

Friday, May 30th, 2008

WHAT HAPPENED: General Motors Corp. said Thursday that 19,000 U.S. hourly workers, or 25 percent of its manufacturing work force, will take buyouts and early retirement offers. … read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. The automaker said Thursday that 19,000 workers had agreed… … read more


GM says 19K US hourly workers taking its buyout offers
The Associated Press - 9 hours ago
DETROIT (AP) General Motors Corp. said Thursday that a quarter of its US hourly workers will take the company's latest buyout and early retirement offers,

… read more

Posted in Early Retirement | No Comments »

Early Retirement - American Axle expects to cut 2,000 US factory jobs (AP via Yahoo! News)

Thursday, May 29th, 2008

American Axle and Manufacturing Holdings Inc. said Wednesday it will cut more than half of its U.S. hourly work force, or 2,000 jobs, through early retirement and buyout offers, plant closures and layoffs. … read more

DETROIT — General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires… … read more


St. Lucie County to employees: If early retirement's not an option
TCPalm, FL - May 27, 2008
The end of June also is the deadline for employees who are eligible for early retirement to make their decision. Employees who are at least 55 years old,

… read more

General Motors says a quarter of its U.S. hourly workers will take the company’s latest round of buyout and early retirement offers. … read more


StarPhoenix

2nd UPDATE: GM Says 19000 Workers Take Buyouts
EasyBourse.com, France - 2 hours ago
(GM) said Thursday that about 19000 hourly employees, or about a quarter of its US blue-collar work force, will take buyout or early retirement offers,
GM may reassign workers from trucks to cars The Associated Press
19000 Workers Accept Buyout at GM New York Times
More than 300 Fairfax workers take buyout Kansas City Star
News On 6 - Reuters
all 274 news articles

… read more


OTE profit flat as retirement charges weigh
MarketWatch - 3 hours ago
In its earnings statement, OTE said that it had taken a EUR41.8 million charge in the first quarter to pay for its early retirement schemes, comprising a

… read more

General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company’s latest buyout and early retirement offers, opening the door for new hires who will make less money. The automaker said Thursday that 19,000 workers had agreed… … read more

As the county attempts to cut costs and trim its budget, it’s trying an unusual pitch on employees: Want to be fired? … read more


St. Petersburg Times looks to early retirement to cut staff
Bizjournals.com, NC - May 28, 2008
Just after its Tampa competitor announced broad layoffs, the St. Petersburg Times says it is looking to cut its staff. The 300000 daily circulation paper,

… read more


City officials struggle with budget shortfall
Selma Enterprise, CA - 2 hours ago
By Beth Warmerdam The City of Selma is offering early retirement incentives and looking at possible layoffs in order to cut money from its upcoming budget

… read more

Posted in Early Retirement | No Comments »

Early Retirement - St. Lucie County to workers: If early retirement's not an option … - Sun-Sentinel.com

Thursday, May 29th, 2008


Sun-Sentinel.com, FL - 17 hours ago
The end of June also is the deadline for employees who are eligible for early retirement to make their decision. Employees who are at least 55 years old,

… read more


Romania retirement scheme dents profits at Greek telecoms operator OTE
PR-Inside.com (Pressemitteilung), Austria - 5 hours ago
AP ATHENS, Greece (AP) - Greek telecoms operator OTE on Thursday said its first-quarter net profit was flat, and blamed the cost of an early retirement plan

… read more


Two Habitat for Humanity chapters merge in Bay Area
San Francisco Chronicle,  USA - 12 hours ago
But she said that unlike previous rounds of layoffs in recent years, employees won't be offered voluntary buyout packages with financial or early retirement
St. Petersburg Times to trim staff; layoffs possible Bradenton Herald
all 12 news articles

… read more

DETROIT American Axle and Manufacturing Holdings Inc. said yesterday it will cut more than half of its U.S. hourly workforce, or 2,000 jobs, through early retirement and buyout offers, plant closings and layoffs. … read more


CBJ: Taking Early Retirement Withdrawals
Charlottesville Daily Progress, VA - May 26, 2008
Fortunately, an IRS 72(t) exception can help with early retirement. Imagine that Professor Reddy Echols II is ready to retire from the mathematics

… read more

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