Thread regarding General Motors layoffs

How well is GM positioned to weather an economic downturn?

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| 1824 views | | 4 replies (last June 8, 2022) | Reply
Post ID: @OP+1gVSZj5B

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GM itself will be fine. The employees and contract employees will bear the brunt of any financial hardship.

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Post ID: @duyc+1gVSZj5B

They have not changed since bankruptcy.

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Post ID: @7yuv+1gVSZj5B

Well, they did crater their stock from $67 to $38, so I'd say they're right around their tipping point to consider layoffs.

Merry Christmas sounds about right. For salary, first you get the buyout options. For contract, you get a call Saturday morning while your watching cartoons with your children.

Gnome saying? GM is always rinse and repeat.

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Post ID: @2cvh+1gVSZj5B

Um - on the dark side of the moon?

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Post ID: @mzi+1gVSZj5B

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