GM defends its promise by not calling the cuts layoffs, but rather performance-based separations.
It's all about semantics, right?
4 replies (most recent on top)
The company pays unemployment insurance premiums to the state.
If a lot of their ex employees claim unemployment, their insurance premiums go up.
So it's in their best interest to fight claims.
Senior Vice President and Chief People Officer Arden Hoffman has a BA in rhetoric from Berkeley. I guess a BA in rhetoric gives license to twist words into whatever meaning you want.
To GM's C level - Grow a pair and call it what it is - Layoffs.
Company doesn't pay unemployment - its the state. But this is about posturing.
It's all about whether the company has to pay unemployment or not...