Tuesday, April 4, 2023

General Motors avoids layoffs as 5,000 workers accept buyout offer

GM-St.Catharines-Plant 20230220

GM said Tuesday that the offers will save about $1 billion US per year in costs, about half of the $2 billion US it wants to cut annually by the end of 2024. The company now has about 58,000 salaried workers in the U.S.



source https://www.cbc.ca/news/business/gm-buyouts-layoffs-avoided-1.6801208?cmp=rss

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