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GM spokesman Kevin Kelly confirmed the existence of the memo and said the benefits apply only to GM's 43,500 U.S. salaried workers. ... "Next year, GM will increase base pay and company matching ...
GM said it expects net income will improve a little this year, to a range of $9.8 billion to $11.2 billion. It expects adjusted earnings per share in a range of $8.50 to $9.50, compared with $7.68 ...
If General Motors is having any problems, it’s in its nonunion operations in China, where it lost $137 million in the quarter, compared to the $192 million profit it made there a year earlier.
Employees' income tax may also be based on their total earnings year-to-date. YTD can describe the return for an investment so far this year. For example, if a stock has a YTD return of 8%, it means that from January 1 of the current year to the present date, the stock has appreciated by 8%.
The 2019 General Motors strike began September 15, 2019, with the walkout of 48,000 United Automobile Workers from some 50 plants in the United States. Demands by workers included increased job security , gateway for temporary workers to become permanent, better pay and retaining healthcare benefits.
For the first half of the year, GM reported an 18% rise in pretax adjusted income to $8.3 billion. GM's net income to shareholders rose 19.2% to $6 billion. Its total revenue was up 7.4% to $91 ...
The company reported adjusted net income of $1.6 billion in the fourth quarter, or $1.24 a share. That’s down 46% from a year earlier, partly due to the $1.1 billion cost of the strike, most of ...
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