Thread regarding General Motors layoffs

Real reason for 5% cuts

This has nothing to do with increasing productivity or motivating workers. See the article below. They are trying to copy the same model here. They are simply trying to fill their big pockets every year.

https://www.cnbc.com/2025/02/20/meta-approves-plan-for-bigger-executives-bonuses-following-5percent-layoffs.html

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| 1273 views | | 7 replies (last February 26, 2025) | Reply
Post ID: @OP+1jmm8tzjj

7 replies (most recent on top)

Plus the same old "secure corruption", by retaliating whistleblowers, and "kick out top performers to prove DEI policy works"!

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Post ID: @10g+1jmm8tzjj

Executives at Meta received 200% bonuses as a reward for laying off thousands.
That aside, you are all a bunch of scared rabbits who can't take responsibility for your own lives. Please downvote and carry on with the doom scrolling.
#betaenergy

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Post ID: @se+1jmm8tzjj

Mary T. Barra
BASE PAY $2,100,000
BONUS + INCENTIVE COMP $5,250,000
TOTAL CASH COMPENSATION $7,350,000
STOCK AWARD VALUE $14,625,000
OPTION AWARD VALUE $4,875,013
TOTAL EQUITY $19,500,013
TOTAL OTHER $997,392
TOTAL COMPENSATION $27,847,405

Do you see how she really makes $2M but multiplies that two million by 13.25 via stock options?


The dirty math: Projected sales and an eye on the global market, Mary and the gang know that their compensation is likely to shrink significantly in the future. This 5% cut and any subsequent cuts are meant to boost her shrinking salary. Right now, she's at peak salary but it's going to trend back below $20M. The poor dear.

The cynical truth: The global auto sales are significantly down. We will see mergers, realignments, partnerships and lots of executives sent to the door when GM moves out of the black and into the red. Mary probably has 2 more years max. If the 25% tariff kicks GM in the shin because a significant amount of parts and even assembled cars are coming from outside the U.S., none of us should laugh if she's sent packing because we are all in big trouble.

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Post ID: @em+1jmm8tzjj

Total salary range for General Motors (GM) Senior Leadership
Total pay $174K - $295K/yr

Total salary range for General Motors (GM) Executives
Total pay $11.5M - $27.8M


https://www1.salary.com/GENERAL-MOTORS-CO-Executive-Salaries.html
https://www.glassdoor.com/Salary/General-Motors-GM-Senior-Leadership-Salaries-E279_D_KO18,35.htm

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Post ID: @ek+1jmm8tzjj

"Executives do all the work"

what reality are you living in

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Post ID: @d9+1jmm8tzjj

Packing their parachutes because they know they can’t land the plane.

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Post ID: @d3+1jmm8tzjj

Executives do all the work do they deserve all the rewards.

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Post ID: @cv+1jmm8tzjj

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