http://www.bloomberg.com/news/2011-09-20/general-motors-aims-to-lower-u-s-labor-costs-with-buyouts-cheaper-hires.html

By Craig Trudell, David Welch & Keith Naughton; Bloomberg ~ Sep 20, 2011 

General Motors Co. (GM) will move to entice electricians and its other highest-paid U.S. hourly workers to retire so it can hire lower-wage replacements through a four-year labor agreement with the United Auto Workers.