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Local GM Workers Review Buyouts

By Eileen Buckley

Tonawada, NY – Local General Motors workers are trying to figure out if buyouts are right for them. Yesterday GM announced that it is offering buyouts to all its workers represented by the United Auto Workers. That includes more than 1,500 local hourly union members.

At GM's Powertrain plant in Tonawanda, workers were still trying to learn all the details of this latest round of buyouts. John Taylor is acting president of United Auto Workers Local 774. He says GM has offered four tiers of buyouts. Taylor says it basically means the entire Tonawanda workforce could be eligible.

Retirement-eligible workers would get between $45,000 and $62,000. Another option would allow those with ten years of service to walk away with a lump sum of $140,000 or $70,000 for others.

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