What head count reductions have you heard of? The rumors that I've heard are around 15-20% of the total salaried workforce.
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15000 minimum.............no way less than that.........another 5000 WFH only lazy buggers.......
Revealing they don't work for GM with this one.
I am thinking that most likely they won’t do a WARN Notice. This way, they will avoid all the publicity and just pay the 2 months for WARN.
If it was a mass layoff they would need to file WARN Notice with the state and there’s nothing there. Mass is 33% of the company.
“Please let us lifer boomers work 6 more years before we retire. We still owe on our mortgages and have no savings! Sacrifice the young people in our place!”
Pathetic, greedy, evil. People begging the young to quit and drive the VSP numbers up will get everything they deserve.
If they layoff more senior staffs then they will be in deep sh-t to finish those existing programs in the pipeline. Cutting NCH and juniors would make more sense. But those who survive the layoff are left with all the extra work they need pick up. Sounds like taking the VSP might be a smarter move regardless you avoided the cut or not.
@gwn+1lKBfC3a after all the supporting groups are gone then you gonna go, design and assemble the most fuel efficient car. You are talking as if all the engineering team are performing to the max.
GM finance is filled with d-mb TRACK kids out of college who were trained to say yes for everything some oldie leader at the top says. GM IT cannot get anything done. HR is dead weight. All these need to go
IT has a lot of fat, since they mostly just maintain 15 year old programs.
2 billion/90k=22k
The denominator will change depending on whether they focus on getting rid of older and more experienced employees, as usual in their layoffs.
2 billion/200k=10,000 people, 2 billion/150k=13,300. Range -10,000 to 15,000
@ywr+1lKBfC3a, yes HR is overloaded, but they need them as "terminators" LOL!
what about HR? since I start work for company never see any HR. Never had any question answered by any HR person.
Lot of fat exists at GM(esp. finance and IT). Add to that, the caliber of people is poor.
10% is most likely what they are going for this round.
There's a lot of fat but probably not 40%
I haven't heard 40%, but 15% seems reasonable
Rumor has it that it could be up to 40%.
Meta is laying off 25%.
Just a sign of the times.
15-20% is rather steep - like 2019 levels. What are your sources other than rumors? I mean if I'm going to panic - there better be some data.