Topics regarding layoffs at General Motors

Topics regarding layoffs at General Motors

Did Cruise folks get severance?

If they did, I don't feel bad for them. GM is failing on all fronts and it's only a matter of time before it fails completely. Leaving now with some money in your pocket to help you through the job-search period is better in my opinion than losing... — read more 

Reality Check before 2024

Americans Are Overdue With Their Car Payments At Highest Rate In Nearly 30 Years Higher car prices and rising interest rates are hindering car owners’ ability to afford their vehicle payments, as 6.1% of subprime auto borrowers are at least 60 days... — read more 

Guest WiFi use in GM buildings

Is it permissible to use a personal phone on GM guest wifi to listen to a (clean) podcast, youtube or music streaming while you work via earbuds?

Recent Time-line, late 2022 to late 2023

Recent time-line: GM had almost 58,000 salaried employees on the payroll in 2022.* GM announced late 2022 that they would not be laying people off, but then began to lay off thousands of IT workers in early 2023. Throughout 2023, GM cried poor... — read more 

Seating Survey

This is a survey for people who work at the General Motors Technical Center in Warren. What business function do you work in? What is the approximate percentage of seats to the size of your group? For example, 50... — read more 

See you Tuesday, Wednesday and Thursday

Did you see Mary's email? *Your attendance is being tracked. *You will attend work physically Tuesday, Wednesday and Thursday. *Your attendance "behaviour" will impact your performance rating. *People weren't coming in to their liking. *They have... — read more 

Scotty Kilmer rant on GM 12/01/23 - Well said

Scotty's Rant on GM's greed and lies how they say something but then lie and raise prices or not make something available is 10000% truth. Well said Scotty People, be warned of this evil corporation. Stay away from their cars and trucks and EVs. Do... — read more 

From Nov 29 Analyst Call

“Specifically, we will continue to execute our $2 billion net fixed cost reduction program by the end of 2024. This includes lower salaried people costs, lower marketing expense, and additional overhead reductions. Our Winning with Simplicity... — read more 

Buyout coming

Just heard rumors that GM is going to send out buyout notice very soon.

Nov 29 business update

https://gmauthority.com/blog/2023/11/gm-to-share-business-update-on-november-29th/ Interesting information..

Kyle Vogt Out as Cruise CEO!

Kyle Vogt has resigned from his baby. And GM not doing a Super-Bowl add. https://gmauthority.com/blog/2023/11/kyle-vogt-resigns-as-cruise-ceo/

Warren Buffett dumped his entire $850m stake in GM

Warren Buffett dumped his entire $850m stake in GM https://fortune.com/2023/11/15/warren-buffett-dumped-850-million-stake-mary-barra-general-motors-amazon/ There's blood in the water. Why would he do this? This is why: GM Stock Has Suffered During... — read more 

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RenCen "undesirables"

https://www.fox2detroit.com/news/undesirables-gm-rencen-officers-accused-of-racism-and-as--ult-to-keep-some-away-from-riverfront

UAW strikes lead to pain, bankrupcy at suppliers

Here's one of the first prominent supplier bankruptcies due to plant closures: Michigan auto supplier files for bankruptcy https://americanmilitarynews.com/2023/11/michigan-auto-supplier-files-for-bankruptcy/ "Auburn Hills, Michigan, auto supplier... — read more 

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