Archive for June, 2008

Early Retirement - GM says 18657 took buyouts, early retirement offers - Buffalo News

Friday, June 20th, 2008


GM says 18657 took buyouts, early retirement offers
Buffalo News,  United States - 6 hours ago
GM said Thursday about 25 percent of its US hourly workers will leave the company by July 1 through buyout and early retirement offers.
Nearly one-third workers elect to leave Ohio GM plant Forbes
One-Quarter of GM Workers Accept Buyout U.S. News Rankings & Reviews
General Motors says UAW buyout tally to stand at 18657 Chicago Tribune
Reuters - WLNS
all 162 news articles

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SPD pushes to extend early retirement policy
Financial Times, UK - Jun 16, 2008
By Hugh Williamson in Berlin Germany s Social Democrats want partially to reverse one of the government s key recent economic reforms by creating loopholes

… read more


School Trustees to continue discussion of early retirement
Reno Gazette Journal, NV - 7 hours ago
By Keith Trout News Editor June 20, 2008 The Lyon County School District Board of School Trustees discussed the district early retirement incentive

… read more

The Luzerne County Retirement Board on Thursday approved an early retirement incentive for 368 eligible county employees. … read more


620 area GM workers take buyout offers
Fort Wayne Journal Gazette, IN - 6 hours ago
By Kimberly Peterson More than 600 General Motors Corp. employees in northeast Indiana and northwest Ohio have accepted early retirement or buyout offers
Hundreds in Fort Wayne take GM buyout Indianapolis Business Journal
all 3 news articles

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Citigroup Inc has offered early retirement to the 1,350 employees of its Japanese consumer finance unit, as the subprime-hit U.S. bank retreats from consumer lending in the world’s second-largest economy. … read more


Railwaymen protest for early retirement
Thenews.pl, Poland - Jun 19, 2008
The union members want to retain the right to early retirement for all railway employees. According to the government plan, only employees born before 1969

… read more

Early Retirement - Railwaymen protest for early retirement - Thenews.pl

Friday, June 20th, 2008


Thenews.pl, Poland - 20 hours ago
The union members want to retain the right to early retirement for all railway employees. According to the government plan, only employees born before 1969

… read more


SPD pushes to extend early retirement policy
Financial Times, UK - Jun 16, 2008
By Hugh Williamson in Berlin Germany s Social Democrats want partially to reverse one of the government s key recent economic reforms by creating loopholes

… read more

June 20 (Bloomberg) — German Chancellor Angela Merkel rejected calls by her Social Democrat coalition partners and labor unions to safeguard pension rights in early retirement, the Frankfurter Allgemeine Zeitung reported today. … read more


Merkel Rejects Calls to Preserve Early Retirement, FAZ Says
Bloomberg - 2 hours ago
Social Democrat coalition partners and labor unions to safeguard pension rights in early retirement, the Frankfurter Allgemeine Zeitung reported today.

… read more


Citi offers early retirement to 1350 in Japan
Reuters - Jun 18, 2008
TOKYO, June 18 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research) has offered early retirement to the 1350 employees of its Japanese consumer finance
Japanese layoffs as Citi cuts continue Bobsguide (press release)
Citigroup Offers 1350 Employees in Japan Early Retirement Bloomberg
Citi courts trouble in its Japanese consumer finance ops FT Alphaville
all 25 news articles

… read more


School Trustees to continue discussion of early retirement
Reno Gazette Journal, NV - 1 hour ago
By Keith Trout News Editor June 20, 2008 The Lyon County School District Board of School Trustees discussed the district early retirement incentive

… read more


620 area GM workers take buyout offers
Fort Wayne Journal Gazette, IN - 52 minutes ago
By Kimberly Peterson More than 600 General Motors Corp. employees in northeast Indiana and northwest Ohio have accepted early retirement or buyout offers
Hundreds in Fort Wayne take GM buyout Indianapolis Business Journal
all 3 news articles

… read more


German metal trade union to launch warning strikes on early
Forbes, NY - Jun 16, 2008
Both sides are thrashing out details on who could file for early retirement and who would assume which part of what costs as state subsidies on early

… read more

Early Retirement - School board to continue discussion of early retirement incentive … - Reno Gazette Journal

Friday, June 20th, 2008


Reno Gazette Journal, NV - Jun 18, 2008
The board discussed the district early retirement incentive policy at its June 10, as some trustees have questioned the policy, in particular its cost

… read more

June 18 (Bloomberg) — Citigroup Inc. , the biggest U.S. bank by assets, offered 1,350 employees at its consumer finance unit in Japan early retirement as it withdraws from the business. … read more

n Automaker plans to replace workers with cheaper personnel … read more


German metal trade union to launch warning strikes on early
Forbes, NY - Jun 16, 2008
Both sides are thrashing out details on who could file for early retirement and who would assume which part of what costs as state subsidies on early

… read more


The Gazette (Montreal)

Early retirement not recommended
The Gazette (Montreal), Canada - Jun 16, 2008
experts say A cancer scare got Ed and Chloe Kilgour thinking seriously about something they had kicked around casually over the years: early retirement.

… read more

DETROIT (AP) — General Motors Corp. says 18,657 of its hourly workers will leave the company by July 1, via buyouts and early retirement offers. The company previously said about 19,000 would accept the offers. It released final numbers on Thursday. … read more

DETROIT - The departure of 18,657 hourly workers allows General Motors Corp. to take a major step toward solving one of its most pressing problems the need to shed workers as it downsizes its truck production to match dwindling demand. … read more

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Early Retirement - Japan: Early Retirement Offer at Citigroup Unit (New York Times)

Thursday, June 19th, 2008

Citigroup has offered early retirement to the 1,350 employees of its Japanese consumer finance unit, as it retreats from consumer lending in Japan. … read more

June 18 (Bloomberg) — Citigroup Inc. , the biggest U.S. bank by assets, offered 1,350 employees at its consumer finance unit in Japan early retirement as it withdraws from the business. … read more


School board to continue discussion of early retirement incentive
Reno Gazette Journal, NV - Jun 18, 2008
The board discussed the district early retirement incentive policy at its June 10, as some trustees have questioned the policy, in particular its cost

… read more

n Automaker plans to replace workers with cheaper personnel … read more

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Early Retirement - Citi offers early retirement to 1350 in Japan - Reuters

Thursday, June 19th, 2008


Reuters - Jun 18, 2008
TOKYO, June 18 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research) has offered early retirement to the 1350 employees of its Japanese consumer finance

… read more

General Motors Corp. said Thursday that 18,657 of its hourly workers will leave the company by July 1 through buyout and early retirement offers. … read more


Japanese layoffs as Citi cuts continue
Bobsguide (press release), UK - Jun 18, 2008
Japanese workers at Citigroup's consumer finance unit were offered early retirement, as the credit crunch hit bank attempts to limit its lending.
Citi courts trouble in its Japanese consumer finance ops FT Alphaville
all 25 news articles

… read more

June 18 (Bloomberg) — Citigroup Inc. , the biggest U.S. bank by assets, offered 1,350 employees at its consumer finance unit in Japan early retirement as it withdraws from the business. … read more


Citigroup Offers 1350 Japan Workers Early Retirement (Update2)
Bloomberg - Jun 18, 2008
By Takahiko Hyuga June 18 (Bloomberg) — Citigroup Inc. offered 1350 employees at its consumer finance unit in Japan early retirement with two months' pay

… read more

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Early Retirement - Japan: Early Retirement Offer at Citigroup Unit (New York Times)

Thursday, June 19th, 2008

Citigroup has offered early retirement to the 1,350 employees of its Japanese consumer finance unit, as it retreats from consumer lending in Japan. … read more


School board to continue discussion of early retirement incentive
Reno Gazette Journal, NV - Jun 18, 2008
The board discussed the district early retirement incentive policy at its June 10, as some trustees have questioned the policy, in particular its cost

… read more


Citi offers early retirement to 1350 in Japan
Reuters - Jun 18, 2008
TOKYO, June 18 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research) has offered early retirement to the 1350 employees of its Japanese consumer finance

… read more


The Gazette (Montreal)

Early retirement not recommended
The Gazette (Montreal), Canada - Jun 16, 2008
experts say A cancer scare got Ed and Chloe Kilgour thinking seriously about something they had kicked around casually over the years: early retirement.

… read more


News from across the nation …
GoErie.com, PA - 3 hours ago
GM hourly workers were given the option in March of taking an early retirement or buyout offer as part of a cost cutting. The deadline for making a final
Nearly one-third workers elect to leave Ohio GM plant WDTN
786 take GM-Moraine buyout/retirement option Dayton Daily News
all 27 news articles

… read more


UT retirement boom expected in coming years
UT The Daily Texan, TX - 3 hours ago
Universities also offer professors financial incentives to encourage early retirement. A buyout, in which the University pays a portion of an employee's

… read more


SPD pushes to extend early retirement policy
Financial Times, UK - Jun 16, 2008
By Hugh Williamson in Berlin Germany s Social Democrats want partially to reverse one of the government s key recent economic reforms by creating loopholes

… read more

Citigroup Inc has offered early retirement to the 1,350 employees of its Japanese consumer finance unit, as the subprime-hit U.S. bank retreats from consumer lending in the world’s second-largest economy. … read more

Nearly one-third of the roughly 2,400 hourly workers at the General Motors Corp. sport-utility plant in Moraine, Ohio, have accepted buyouts or early retirement from the automaker, a union official said Wednesday. … read more


German metal trade union to launch warning strikes on early
Forbes, NY - Jun 16, 2008
Both sides are thrashing out details on who could file for early retirement and who would assume which part of what costs as state subsidies on early

… read more

Posted in Early Retirement | No Comments »

Early Retirement - County may offer 368 early retirement - Wilkes Barre Times-Leader

Thursday, June 19th, 2008


Wilkes Barre Times-Leader, PA - Jun 17, 2008
By Jennifer Learn-Andes jandes@timesleader.com Luzerne County commissioners plan to vote Wednesday to offer an early retirement incentive to 368 employees.

… read more

June 18 (Bloomberg) — Citigroup Inc. offered 1,350 employees at its consumer finance unit in Japan early retirement with two months’ pay as the company withdraws from the business, a proposal the workers’ union called unacceptable. … read more

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Early Retirement - Nearly one-third workers elect to leave Ohio GM plant - Forbes

Wednesday, June 18th, 2008


Forbes, NY - 2 hours ago
GM hourly workers were given the option in March of taking an early retirement or buyout offer as part of a cost cutting. The deadline for making a final
786 take GM-Moraine buyout/retirement option Dayton Daily News
all 18 news articles

… read more


Santa Rosa School District offers $10K bonus for some early retirees
Gulf Breeze News,  USA - 2 hours ago
30 years or who are 62 years of age or older and have worked for the district at least six years are being offered a special early retirement benefit.

… read more


800 Daimler workers at Sindelfingen stage warning strike on
Forbes, NY - 12 hours ago
down their tools for two hours as part of warning strikes being staged by the IG Metall electronics and metal union over their early retirement scheme.

… read more

Citigroup Inc has offered early retirement to the 1,350 employees of its Japanese consumer finance unit, as the subprime-hit U.S. bank retreats from consumer lending in the world’s second-largest economy. … read more

Nearly one-third of the roughly 2,400 hourly workers at the General Motors’ sport-utility plant in Moraine, Ohio, have accepted buyouts or early retirement from the automaker, a union official said Wednesday. … read more

June 18 (Bloomberg) — Citigroup Inc. offered 1,350 employees at its consumer finance unit in Japan early retirement with two months’ pay as the company withdraws from the business, a proposal the workers’ union called unacceptable. … read more


SPD pushes to extend early retirement policy
Financial Times, UK - Jun 16, 2008
By Hugh Williamson in Berlin Germany s Social Democrats want partially to reverse one of the government s key recent economic reforms by creating loopholes

… read more


School board to continue discussion of early retirement incentive
Reno Gazette Journal, NV - 13 hours ago
The board discussed the district early retirement incentive policy at its June 10, as some trustees have questioned the policy, in particular its cost

… read more

Posted in Early Retirement | No Comments »

Early Retirement - Citigroup Offers 1,350 Japan Workers Early Retirement (Update2) (Bloomberg.com)

Wednesday, June 18th, 2008

June 18 (Bloomberg) — Citigroup Inc. offered 1,350 employees at its consumer finance unit in Japan early retirement with two months’ pay as the company withdraws from the business, a proposal the workers’ union called unacceptable. … read more


CyTA pays more for retirement than work
Cyprus Mail, Cyprus - Jun 17, 2008
Chrystalla Yiorkadji singled out the Board of Directors of the Cyprus Telecommunications Authority (CyTA) for wasting money on an early retirement scheme

… read more


Citi offers early retirement to 1350 in Japan
Reuters - 9 hours ago
TOKYO, June 18 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research) has offered early retirement to the 1350 employees of its Japanese consumer finance
Japanese layoffs as Citi cuts continue Bobsguide (press release)
Citigroup Offers 1350 Employees in Japan Early Retirement Bloomberg
Citi courts trouble in its Japanese consumer finance ops FT Alphaville
all 24 news articles

… read more


County may offer 368 early retirement
Wilkes Barre Times-Leader, PA - Jun 17, 2008
By Jennifer Learn-Andes jandes@timesleader.com Luzerne County commissioners plan to vote Wednesday to offer an early retirement incentive to 368 employees.

… read more

Benton Community School Corp. is looking to save money in its general fund by extending a one-time, early retirement incentive to teachers at the top of the salary scale. … read more

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Early Retirement - Guarding Your Wealth: Maintain control, choose the advisor right for you (The News-Press)

Wednesday, June 18th, 2008

I recently received a question from a reader in Florida who is taking an early retirement. … read more

Germany s Social Democrats want partially to reverse one of the government s key recent economic reforms by creating loopholes to the new retirement age of 67. … read more


Citi offers early retirement to 1350 in Japan
Reuters - 3 hours ago
TOKYO, June 18 (Reuters) - Citigroup Inc (CN: Quote, Profile, Research) has offered early retirement to the 1350 employees of its Japanese consumer finance
Citigroup Offers 1350 Employees in Japan Early Retirement Bloomberg
all 21 news articles

… read more


Harley telling possible early retirees about package
York Daily Record, PA - 17 hours ago
By BRENT BURKEY Harley-Davidson spokesman Bob Klein said Monday the company is sharing details of an early retirement package with production employees in
Harley shares plan details York Daily Record
all 3 news articles

… read more

Benton Community School Corp. is looking to save money in its general fund by extending a one-time, early retirement incentive to teachers at the top of the salary scale. … read more

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