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atreides1

(16,799 posts)

2. They had an option!

Reply to BeyondGeography (Original post)

Fri Nov 30, 2018, 09:36 AM

Nov 2018

They had an option, granted it wasn't a best case option, but it would have given them some time!!!

https://www.yahoo.com/finance/news/apos-buyout-gm-offered-announcing-172700318.html

GM offered voluntary buyouts to roughly 17,700 eligible employees in North America with at least 12 years of service, according to the document. The company was aiming for 8,000 voluntary buyouts among its salaried workers as part of a total headcount reduction of 14,000, spokesman Pat Morrissey confirmed. He said about 2,250 workers accepted severance agreements by the Nov. 19 deadline.

GM is allowing some employees who took the buyouts to leave as early as this coming Saturday with an official last day of Jan. 31 and salary and benefits continuing for six months after that. Executives could also leave in December with an effective last day of Feb. 28 and a full year of salary and benefits, according to the severance materials.

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GM Lordstown prayer service [View all] BeyondGeography Nov 2018 OP

Votes are more powerful than prayers louis c Nov 2018 #1

Clinton won union households 51-48 BeyondGeography Nov 2018 #4

That's way too many union votes for any Republican, let alone Trump louis c Nov 2018 #7

I agree. It's a disgrace President Baby Hands got 48% of the union vote. Lanius Nov 2018 #11

Oh, Trump didn't get those votes "despite his lies and racism"... louis c Nov 2018 #12

Well that's true. I guess I should realize that there are plenty of racists among union membership. Lanius Nov 2018 #13

Trump's base is racist. louis c Dec 2018 #16

They had an option! atreides1 Nov 2018 #2

How is that creating good American jobs? louis c Nov 2018 #8

Sorry but how many of those people voted for Trump? Even after Obama saved their jobs. Botany Nov 2018 #3

40%. will bunch has a great piece on this story. Kurt V. Nov 2018 #5

Trump was on record that they should have just let the American industry go under. Botany Nov 2018 #6

+1 Power 2 the People Nov 2018 #10

Yes, they're hurting. But its still difficult to hold the snark. Damn fingers...stop. 3Hotdogs Nov 2018 #9

I grew up nearby there in Newton Falls... PeeJ52 Nov 2018 #14

Bad news for the economy UrbanProspector Dec 2018 #15

This photo was taken at a dump rally in ohoi! yortsed snacilbuper Dec 2018 #17