Thread regarding General Motors layoffs

Older and higher paid workers are always targeted in GM layoffs even if they're doing a good job.

It's always about money not fairness. Or even following anti age discrimination laws.

@2sub+1tMvtXEC, you are correct.

I’ve been a IT Staff engineer at GM for over 4 years.

From my conversations with my boss, he seems to be hinting at 2 things:

1. The bottom 10% and 5% rankings(the 15% edict).
2. The 600 million in cost savings(might be pushed up by another insane 400 million) that has to be reached before the end of the year.

He seemed to be putting an emphasis HEAVILY on item 2 because GM wants to hit its cost savings. At the same time, he vaguely mentioned being a top performer at my salary grade does not guarantee me protection on being placed in the bottom 15%. I have read this on the GM Reddit as well in many different threads.

GM is turning into a sinking ship.

A thing I overheard from a meeting, it sounds like they may be targeting the LVL 8 Staff Engineers(especially with CTT awards) as well.

GM’s reasoning on this is even though they may be top performers, they also make a good salary range and bonuses. In other words, they make juicy targets for head count reduction and sandbagging. They will no be protected.

With about ~ 4 months to go before GM workers usually take off for vacation in December, it sounds like they have a rough head count percentage of per department established they want to reduce. It just comes down to their so called 600 million(hopefully not a billion now) cost savings they want to reach before the end of year.

It is sad because the truth behind what they are actually doing does not match 100% on what they released to the press today.

Maybe 5% didn't get it

GM’s communication has been below the sewer level lately; hard to say.

GM Reddit saying email came out about cutting bottom 5%. I did not receive email. Maybe everyone didn't get it?

EV didn't work out. AV didn't either.

GM has roughly 4 months to cut 600 million in costs(obviously, the reduction in job postings is a big hint).

As @wuk+1tMvtXEC noted, stock piling cars and running up operating expenses isn’t going to reduce costs.

In the next few months, more people are going to be lined up for cuts.

Yeah, why build more and more cars you can't sell?

These severance packages GM could offer won’t help in the long run. The same auto maker CEO says the industry is in the middle of the storm.

Just seems to me that GM is stockpiling cars for when it hits the fan. Building cars to just sit in the autoplex and running three shifts driving up payroll makes no sense.

Gm seems to have reduced job postings drastically in the last week.

13 months max is impressive!

Isn't it already happening?