GM offering to buyout a portion of its salaried workers
Attempting to avoid layoffs by offering voluntary options, hopefully enough take it so they can actually avoid layoffs
ZTrope90Product Designer 22 days ago
Hm, I wonder what the packages look like. I know Amazon also had a voluntary release option late last year before they want ham on the layoffs.
VistaProgram Manager 22 days ago
I saw in another article it was like 1 month of pay for every year of service. And they're only offering it to folks with 5+ years of service, so minimum 5 months pay? Seems pretty low, I wonder how many people there have actually been part of them for 5+ years.