Chrysler has been trying to reduce its skilled trade work force for several years. In 2003, The Company and the UAW agreed to a special retirement program designed to cut up to 5,000 skilled trades positions from Chrysler's then roster of 12,000 over several years. As part of that program, Chrysler offered $70,000 buyout packages to eligible workers in the first quarter of each year to reduce employment costs.
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