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Early retirement offered to some nonunion workers

Monday, March 21, 2005 | 11:10 a.m.

General Motors Corp., the world's biggest automaker, has offered buyout and early retirement packages to some of its nonunion, salaried workforce in North America as the company grapples with cutting costs.

The offers were sent in the first quarter in hopes of speeding the "normal" amount of attrition the company usually has, said Toni Simonetti, general director of financial and international communications, in an interview.

The company has 40,000 white-collar workers in North America, Simonetti said, "and there are areas in the organization that have a greater opportunity to reduce numbers than others."

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