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It’s not the first layoff at GM. GM is GM, sure, but it’s not a social media firecracker like Tesla. ... The affected employees will receive a payment equivalent to their wages and benefits as ...
Last April, about 5,000 GM white-collar workers at General Motors took the company’s buyout offers, which the automaker said at the time was enough to avoid layoffs.
General Motors will begin laying off 1,695 workers at its Fairfax Assembly plant in Kansas, the company said in a Worker Adjustment and Retraining Notification (WARN) notice earlier this week.The ...
On September 17, GM stopped providing health insurance to 55,000 union members, [7] forcing the UAW to pay for COBRA. On September 26, it was announced that GM would start to pay health insurance again to people on strike. [8] On October 16, it was announced that GM and the UAW agreed on a new labor contract that ended the month-long strike.
The layoffs, including roughly 600 jobs at GM’s tech campus near Detroit, ... The layoffs represent about 1.3% of the company’s global salaried workforce of 76,000 as of the end of last year ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
General Motors plans to lay off 1,300 workers after deciding to end production of two of its models. The Orion Assembly plant in Orion Township, Mich., will bear the brunt of the cuts, with 945 ...
"Mass layoff" is defined by the United States Department of Labor as 50 or more workers laid off from the same company around the same time. "Attrition" implies that positions will be eliminated as workers quit or retire. "Early retirement" means workers may quit now yet still remain eligible for their retirement benefits later.