General Motors announced Thursday it will offer buyouts to a majority of its U.S. salaried workforce in an effort to save $2 billion by the end of next year MORE ⬇️
DETROIT, Mich. — General Motors announced Thursday it will offer buyouts to a majority of its U.S. salaried workforce. The move is part of a plan to save $2 billion by the end of 2024.
According to the automaker, the buyouts will be offered to any U.S. salaried employee with at least five years of service and all global executives with at least two years of service.Other efforts to cut costs include reducing vehicle complexity and expanding shared subsystems between normal engine vehicles and EV programs and decreasing discretionary.
According to the automaker, employees interested in taking the buyouts must sign up by March 24 and depart by June 30, 2023. They are offering one month of pay for every year of service, up to 12 months of pay, a pro-rated GM performance bonus, and more.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
General Motors offers buyouts for U.S. employees and executivesGeneral Motors is offering salaried employees a voluntary buyout as it seeks to reduce costs by $2 billion over the next two years. 'Taking this step now will help avoid the potential for involuntary actions,' a company letter said.
Les mer »
General Motors offers buyouts to most U.S. salaried employeesGeneral Motors announced Thursday it will offer buyouts to a majority of its U.S. salaried workforce in an effort to save $2 billion by the end of next year.
Les mer »
Troublesome Batteries And Tight Supply Lines Are Why You Still Aren't Seeing GM EVs On The Road | CarscoopsTroublesome Batteries And Tight Supply Lines Are Why You Still Aren't Seeing GM EVs On The Road | Carscoops carscoops
Les mer »
GM offers buyouts to most US salaried workers to trim costsGeneral Motors is offering buyouts to most of its U.S. salaried workforce and some global executives in an effort to trim costs as it makes the transition to electric vehicles.
Les mer »
Mitsubishi Motors to electrify 100% of its fleet by 2035 - YomiuriJapanese carmaker Mitsubishi Motors Corp plans to electrify 100% of its fleet by 2035 through active introduction of hybrid and electric vehicles (EV), the Yomiuri Shimbun daily said on Friday.
Les mer »