Thread regarding General Motors layoffs

GM releases 4Q earnings

Full-year 2018 results:

EPS-diluted of $5.58 and EPS-diluted-adjusted of $6.54

Full-year income of $8.1 billion and EBIT-adjusted of $11.8 billion

Full-year EBIT-adjusted margin of 8.0 percent

North America EBIT-adjusted of $10.8 billion

China equity income of $2 billion

GM Financial EBT-adjusted of $1.9 billion, up 58 percent

Fourth-quarter 2018 results:

EPS-diluted of $1.40 and EPS-diluted-adjusted of $1.43

Revenue of $38.4 billion, up 1.8 percent from fourth-quarter 2017

Strong GM North America EBIT-adjusted of $3.0 billion

Record GM Financial EBT of $0.4 billion

Stocks are up 4% in 2min.

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| 2721 views | | 18 replies (last February 6, 2019) | Reply
Post ID: @OP+XuZpH0n

18 replies (most recent on top)

95% was in Dhivya’s video, but the final determination for US TeamGM bonuses is in the GMNA internal conference later this morning.

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Post ID: @qpf+XuZpH0n

It's included with your normal paycheck at the end of this month.

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Post ID: @gzd+XuZpH0n

First year hire here. When is the teamgm typically paid out?

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Post ID: @nzi+XuZpH0n

Source? Thanks

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Post ID: @nyi+XuZpH0n

95%

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Post ID: @qzu+XuZpH0n

What is going to be the amount of TeamGM payout then?

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Post ID: @mre+XuZpH0n

If someone got excellent/bad performance review, does it matter in bonus payment if they are laid off?

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Post ID: @dgv+XuZpH0n

95% Team GM payout

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Post ID: @kwx+XuZpH0n

Thanks!

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Post ID: @wqa+XuZpH0n

Yellow

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Post ID: @pkd+XuZpH0n

Same thing.

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Post ID: @ckf+XuZpH0n

Is bonus different from TeamGM?

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Post ID: @ojc+XuZpH0n

I dont think they share the bonus multiplier till the internal earnings announcement later this morning

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Post ID: @vek+XuZpH0n

That would be much appreciated for those of us no longer with access to the broadcast. Also what the final status to the TeamGM metrics (i.e., yellow, green?) would be appreciated. Thanks!

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Post ID: @xnn+XuZpH0n

Can someone post the adjustment factor to the bonus? 1 or 1.2 or .9 or whatever? Does it apply to people laid off?

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Post ID: @qhs+XuZpH0n

"GM delivered another strong year of earnings in a highly volatile environment in 2018," said CEO Mary Berra. "We will continue to make bold decisions to lead the transformation of this industry and drive significant shareholder value."

SHAREHOLDER VALUE is the key...those microsecond trading platforms buying and selling hundreds of thousands of shares....

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Post ID: @oei+XuZpH0n

Continues from OP:

First quarter dividend of 38 cents per outstanding share.

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Post ID: @ewi+XuZpH0n

Continues from OP:

UAW represented workers will get profit-sharing checks of $10,750.

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Post ID: @qfi+XuZpH0n

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