Word: gm
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Dates: during 2000-2009
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...hoping more than 35,000 blue-collar workers will accept an early retirment package and, as a result, help expedite the floundering company's much-needed restructuring. It also hopes the packages will help bail out its principal supplier, the bankrupt Delphi Corp. But as so often happens with GM's attempted comeback, the announcement raised as many questions as answers...
...What exactly are GM's workers being offered...
...GM workers interested in quitting or retiring will be eligible for payouts of between $35,000 and $140,000, depending on their years of service and whether they want to keep benefits such as health care coverage, company and union officials said. GM currently has 113,000 hourly employees, including 36,000 with more than 30 years service, and all of them will be eligible for buyouts...
...growing trend of Ivy League graduates filling front-office positions. Last year, newly named Tampa Bay Devil Rays team president Matthew Silverman ’98 joined the Rangers’ Jon Daniels (Cornell), the Red Sox’ Theo Epstein (Yale), and former Dodgers’ GM Paul DePodesta (Harvard) as the fifth former Ivy League graduate to run a major league team. Even the top dog of my team, Mark Shapiro, is a former Princeton Tiger...
...morning, almost bleeding to death.”“And that’s what happened.”***On June 28, 2005, Morgan Brown’s summer plans went sour. The Crimson shortstop had been recruited by a fellow Harvard man, Wareham Gatemen President and GM John Wylde ’60-’63, to play in the celebrated Cape Cod League in early June, fulfilling Brown’s lifelong dream of making a Cape roster. When the conclusion of the College World Series and the arrival of new talent threatened to consign...