I decided not to take it, and now I am regretting that decision. Anyone else regretting their decision to take or not take the VSP?
Gear up people ! It's gonna be Thursday until end of next week.
Every org may not be culled on the same day. Check if your managers are on leave on those days.
Severance
GM is likely to either reduce severance in the future or remove it altogether. I believe that if there ever was a good time to be affected by layoffs, now is it. I don't relish the idea of being without a job even for a short while, but I relish... — read more
History repeats. You are here.
From 2018. https://www.youtube.com/watch?v=ukoZzVWyKoQ&
Isp
Any idea on what the isp would look like? I really can't imagine it being so different from the Vsp. As isp's are random and not performance based. That would not be fair
"Work After ISP"
GM could have picked different ways to save $2B without threatening us about layoffs. There are other ways to save $$$. Example, freeze promotions for certain period or don’t give bonuses for couple of years. I am sure most of us would’ve preferred... — read more
Revisiting Returning to the Office "Collaboration"
This may or may not have something to do with VSP and layoffs, but just an observation. We have been doing the "collaboration" 3 days (2 for some) in the office since February. When I'm there, it seems like there are just a handful of people in my... — read more
Good Riddens
I am done with this hellhole. Bye bye. May you rot in he-l for the treatment you gave me!
If I accept the GM salary employee buy-out by tomorrow's deadline
Can I still use my GM employees K-C discounts to order a 2024 Silverado? I want one with all options and will need to place my order on-line through the GM employee K-C discounts
Received the word today at GM
Entire Group being dissolved, mostly contractors. All of our work is being sent oversea to the GM India Techcenter... Good luck with that GM ! Best wat to shave Billions, yep India .
The end of Camaro production
I’ll just leave this here - https://localtoday.news/mi/gm-will-stop-making-the-chevy-camaro-but-a-successor-could-be-in-the-works-116768.html
Talent cards
GM is going over your workday talent cards to evaluate who is cut, who stays and who will be moved around. If you weren't encouraged by your mgr to fill out your talent card by now...well... The bigger point is that GM has a system in place to... — read more
US semiconductor firm Marvell lays off entire China research and development team spies in latest round of job cuts amid industry slowdown.
US semiconductor firm Marvell lays off entire China research and development team spies in latest round of job cuts amid industry slowdown. US semiconductor company Marvell Technology is laying off its entire research and development team spies in... — read more
DBTT will be hit hard
Lots of cuts coming
When do you predict the ISP will happen?
Do you think they will happen Friday afternoon? Monday morning or sometime next week? Or could this take a long time...?
Resignation & A-Plan Question
Hey Everyone. I am going to put in my two week notice next Monday. I have not been with GM long enough to participate in the VSP. Question, if I generate an employee A-Plan PIN before my last day - are there any caveats to using it? I've scoured... — read more
Transmission class action lawsuit
https://www.freep.com/story/money/cars/general-motors/2023/03/20/judge-grants-class-action-status-in-gm-faulty-transmission-lawsuit/70030700007/
Rule 70 and Rule 75
Can somebody please tell me what those two terms mean? I keep hearing them but I have no idea what people are talking about.
VSP/Layoff Targets
What head count reductions have you heard of? The rumors that I've heard are around 15-20% of the total salaried workforce.
Certain about getting laid off
I always hope for the best even though I expect the worst, but unlike some here I can never be certain that I will be a target before I am actually informed about it. Why is it that some people are convinced that they will be laid off? What... — read more
Are your managers encouraging or discouraging taking the VSP?
I would expect them to discourage taking it. Managers want to pick the people they want to get rid of in the ISP instead of giving employees the choice with the VSP, and maybe lose people they didn't want to lose.
Manny not biting the bait
Despite a lucrative package, many I know are not taking the package. Life in GM will be tough in the coming months for sure. I am not taking it as the job market is lousy out there.
Oopsie Amazon cancels their 1,000 order for Rivians EV Vans
Tomorrow expect to hear Proud Mary announce 20,000 additional layoffs at GM
VSP Unemployment
Do I qualify for Michigan unemployment if I go with the VSP? Also, when can I start collecting unemployment? Right away or I have to wait for a number of months.
Layoffs should be consensual
Agree ? #me too
Vacation if you get laid off!!!!
Make sure you use your vacation before the layoffs happen. You will NOT get paid your unused vacation if you get canned!!!!
Percentage of those who come back
Although most people would probably never come back to this company after leaving it, there might also be some who would come back despite everything. What do you think is the percentage of those?
It'll be interesting to see who the replacement will be….
After the CMO's sudden decision to leave the company, I wonder what the replacement will be like.
While you are all whining about the package...
Her highness MTB is enjoying her spotlight ... https://schedule.sxsw.com/2023/events/PP1143207 Let that sink in. Loser GM employees!
Involuntary Seperation....is it the same as being fired?
The last time involuntary separations happened after the VSP was offered (2019) did those folks walked out lose their pension? Partial Health Care payment for employees hired before 92? I mean is it like being fired in regard to your benefits? Did... — read more
The rationale for increasing reviews
They said they'll pay 1.5 billion in layoff costs, but want to end up saving 2 billion. So don't they really need to save 3.5 billion to net a 2 billion savings? That's a lot more people who have to be let go to cover layoff costs but still... — read more
Are we looking for 15000 volunteers?
It seems management is looking for 15000 employees to volunteer. Am I correct? or am way off! Let's say average salary is 100k . $1.5 billion divide by $100k will equal 15000 employees. What you guys think?
You have two full weeks to decide
With you take the voluntary separation package? Does it make sense for you? Do you think the involuntary separations will happen soon after the 24th and that they might already know who they are axing? Do you think less money is on the table for the... — read more
Will General Motors and Ford go bankrupt? PT2
Will you be laid off? The bigger question is "Will General Motors and Ford go bankrupt?" Market conditions outlined below indicate the threat environment for GM, Ford and Stellantis. These market conditions are going to get worse as the downturn... — read more
Contractors
Any idea how this will affect contractors? Back in 2018/2019 my team consisting of only contractors was let go and then a few of them re-hired. I came back a couple years ago on a new team now, mostly contractors. I am preparing for it anyway but... — read more