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The Detroit-based automaker said roughly 19,000 salaried workers hired before 2001 will move from a traditional pension with guaranteed payments to a 401(k)-type plan with contributions based on ...
In an 8-K filing submitted by GM on Thursday, the automaker says it expects to take a $1.5 billion pre-tax charge, and up to $300 million in pre-tax, non-cash pension curtailment charges. GM said ...
General Motors is increasing the pressure on its 43,500 salaried workers across the United States to return to the office. In a company-wide email to employees Tuesday morning that was obtained by ...
One Prudential Plaza (formerly known as the Prudential Building) is a 41-story structure in Chicago completed in 1955 as the headquarters for Prudential's Mid-America company. It was the first skyscraper built in Chicago since the Great Depression of the 1930s and the Second World War.
Two Prudential Plaza is a 64-story skyscraper located in the Loop area of Chicago, Illinois. At 995 feet (303 m) tall, it is the seventh-tallest building in Chicago as of 2022 [update] and the 28th-tallest in the U.S. , being only five feet from 1,000 feet, making it the closest of any building under 1,000. [ 1 ]
The workforce is represented by the United Auto Workers, Local 1268 and 1761. There have been two UAW-ordered strikes in the plant's history. In 1973, there was a nine-day strike over the right to turn down overtime, pension funding, and health and safety measures. In 1981, there was a nine-day strike to receive pay parity with Ford and GM workers.
But after much employee pushback, Barra sent out a note to the salaried workforce days later offering an apology of sorts. She said GM's plan still would include a more regular, in-person presence ...
The 45-story structure was designed by Ludwig Mies van der Rohe and completed in 1974 as the last portion of the new Federal Center. It is 562 feet (171 m) tall and with the Mies designed post office and plaza stands on the site previously occupied by the Chicago Federal Building by the architect Henry Ives Cobb.