GM Offers Buyouts To U.S. Salaried Workers episode artwork

EPISODE · Mar 22, 2023 · 8 MIN

GM Offers Buyouts To U.S. Salaried Workers

from The Motor Files Podcast · host Chris Clarke

General Motors is set to offer voluntary buyouts to a majority of its 58,000 US white-collar employees, as the automaker aims to cut $2 billion in structural costs over the next two years.The Voluntary Separation Program (VSP) will be offered to all US salaried employees who have worked for five or more years as of June 30. The buyout offer comes after the Detroit automaker announced last week that it would terminate about 500 salaried positions globally.Eligible employees interested in the program must sign up by March 24, and those who elect to take a voluntary package and are approved will depart by June 30.Grab a copy of my book: https://partsmanagerpro.gumroad.com/l/qtqax "The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4 Please remember to like, share and leave your comments.Videos are uploaded weekly.Visit my website for more! https://www.partsmanagerprof.com/For the full video you can find it here on my YouTube channel: GM Offers Buyouts To U.S. Salaried WorkersIf you want me to continue making videos like these, please donate to our paypal account: paypal.me/partsmanagerproFair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS* This video is for educational and entertainment purposes only.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-motor-files-podcast--4960744/support.

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