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Yo_Mama_Been_Loggin

(108,035 posts)
Mon Feb 4, 2019, 04:54 PM Feb 2019

GM cutting 4,000 workers in latest round of restructuring

WASHINGTON (Reuters) - General Motors Co on Monday said it was starting to hand pink slips to about 4,000 salaried workers in the latest round of a restructuring announced in late November that will ultimately shrink its white-collar workforce in North America by 15 percent out of 54,000.

Two people briefed on the cuts said GM is cutting hundreds of jobs at its information technology centers in Texas, Georgia, Arizona and Michigan and more than 1,000 jobs at its Warren, Michigan Tech Center. GM is filing new required mass layoff notices with state agencies and disclosed the cuts to lawmakers.

The largest U.S. automaker announced in November it would cut a total of about 15,000 jobs and end production at five North American plants. The cuts include eliminating about 8,000 salaried workers, or about 15 percent.

GM cut about 1,500 contract workers in December and said 2,300 salaried workers accepted buyouts, officials said.

https://www.msn.com/en-us/money/companies/gm-cutting-4000-workers-in-latest-round-of-restructuring/ar-BBTaVyl?li=BBnbfcL

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GM cutting 4,000 workers in latest round of restructuring (Original Post) Yo_Mama_Been_Loggin Feb 2019 OP
Well,they already clean house on their Pension Wellstone ruled Feb 2019 #1
 

Wellstone ruled

(34,661 posts)
1. Well,they already clean house on their Pension
Mon Feb 4, 2019, 05:31 PM
Feb 2019

Obligations,and what the hell,people are only numbers,yah right,watch what is happening in Canada. Yesterday during the So Called Joke of a Bowl Game,the Auto workers laid waste to GM with a Commercial reminding GM as to the money Canada gave to save GM's ass. BTW,did every one notice GM bailed on China,yet they still make Buick's and Cadillac Crossovers for import.

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