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 WASHINGTON (AP) - What would you do if your boss offered you a wad of cash to quit? Take the dough and split or stay and live with the fear that you might be axed anyway?
General Motors Corp.'s offer last week to buy out more than 125,000 workers from GM and its auto parts supplier, Delphi Corp., put a spotlight on a tactic that many companies — and the government — use to cut costs.
"Buyouts have traditionally been a way to invite employees out the door, rather than shove them out," said J. Mark Iwry, senior fellow at the Brookings Institution and senior adviser to The Retirement Security Project, a nonprofit group.
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