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General Motors' plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected.
GM still plans to lay off about 8,000 white-collar workers and another 2,600 factory workers in Canada.
While some of the 3,300 U.S. factory workers will retire, most of the rest will be offered one of 2,700 jobs the company plans to add at factories where production will increase, GM announced on Friday. Some would have to move to other cities for jobs.
So as long as the blue-collar jobs are saved, 11,000 cut from the office side are just collateral damage?
There were buyouts offered.
When you get offered a buyout, they're not really asking you to go, they're telling you.
It's a really big hint that you're not for long. A fool doesn't take it and move on.
Location: San Ramon, Seattle, Anchorage, Reykjavik
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And all those GM workers carrying an $800/month for 72 months note on their $65k Suburban? Good luck with that as well. Should have saved up your pennies for the obvious rainy days ahead.
I didn't make any comments, I literally just posted a small excerpt from the Fox Business piece.
Fair enough. Which explains why it was tribal in outlook, and in the end, almost meaningless except to the handful of workers who will relocate to keep their same job.
And all those GM workers carrying an $800/month for 72 months note on their $65k Suburban? Good luck with that as well. Should have saved up your pennies for the obvious rainy days ahead.
I’m so happy you know what people pay for a vehicle payment because GM employees get a discount. Boy i love it that you think you know everything.
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