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The United Auto Workers has negotiated for 1,412 General Motors Co. production workers to receive the buyout offer they wanted, union vice president Mike Booth said in a Thursday statement.
More than 1,400 General Motors production workers are eligible for a $50,000 retirement incentive under an agreement announced by the UAW on Thursday.
General Motors and the United Auto Workers negotiated a $50,000 lump sum payment for retirees during their November 2023 contract agreement.