I'm the OP who wrote "Mark Your Calendar" [https://www.thelayoff.com/t/1qcu4mX0]. I wrote that scenario 28 days ago. How did I do?
Here's what I think is next. We'll see if I'm right:
- 25% staff reduction within the next 6 months. IT will be gutted, and well as business/marketing departments.
- Re-organization of all business units at GM.
- Many EV programs cut, as well as some ICE programs.
- Collaboration with a Japanese or South Korean automaker for small & midsize cars. They made be pre-manufactured in China (but probably in S.K.), cutting out the UAW. But not designed or manufactured by anyone in America at General Motors.
- Autonomous "Cruise" project silently rolled back.
- More plant closings; moved to Mexico, followed by a UAW tantrum.
- Talk of 5 day work weeks. "All hands on deck" Some group managers will pressure their teams to do this, even when others are not. This happens within the next month or two.
- All of this will be marketed to employees as "Transformation" for survival!
- GM stock will continue to tank and many will call for MB to resign. But many others will say, "MB has achieved the greatest profits in GM's history. Give her plan a chance."
- MB will not take responsibility for Cruise or EV program cuts.
- Talk of PAY CUTS.
- This is a big one: Upper management will push EVERYONE to train AI, saying that it will help them be more productive but they will be training AI to eliminate their jobs. Your AI training effort will be tracked by your manager and will be a "goals" line item in your employee review.
- Bonuses are off the table for 5 years. Yes, I'm saying that GM will be in the red for years and the cuts will not be enough.
- People will talk about the "Transformation" for years an an epic, miserable mistake that ruined GM.