Think of it as another employee discount


General Motors said Tuesday that it would cut about 25,000 jobs from its blue-collar work force in the United States by the end of 2008, in a broad move to reckon with its declining grip on the American car market.
The cuts, which represent about 22 percent of the hourly work force, would bring G.M.’s nationwide employment to 86,000 hourly workers, roughly the number it employed in the city of Flint, Mich., in the 1970’s.
G.M. Will Reduce Hourly Workers in U.S. by 25,000, by Danny Hakim, The New York Times, June 8, 2005.

Related: GM Employee Discount for Everyone Event