GM says 5,000 salaried workers will take buyouts, expects $1 billion charge in first quarter
About 5,000 white-collar workers at GM opted to participate in a buyout program to lower the automaker's global headcount and
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Paul Jacobson
General Motors’ China business is hurting, and it’s not just because of Covid
GM's market share in the country, including its joint ventures, has plummeted 34% since 2015, for multiple reasons. Source link
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General Motors cuts 500 salaried employees
GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. Source link
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