https://www.marketwatch.com/data-news/general-motors-co-stock-outperforms-competitors-on-strong-trading-day-a0a522f4-58430b5edf60
New Bonus Calculation for the White Collar
https://autospies.com/news/index.aspx?submissionid=120326 60% EBIT, 40% EV
Design release engineers
what is the meadian and range for 6A and 6B for DRE at Warren? I got an interview.
The High Octane Truth About Jim Farley and Mary Barra
Read all about in the Sunday February 18th edition of Autoextremist: http://www.autoextremist.com/
Sh!t show at Ford
Jeeze check out the sh!t show on the Ford board. At least GM doesn't need to worry about them Their management is doing an amazing job destroying the company from the inside. They'll take themselves out.
Hmmm - is Mary and Arden eavesdropping messages?
https://www.cnbc.com/amp/2024/02/09/ai-might-be-reading-your-slack-teams-messages-using-tech-from-aware.html
MSP?
According to reddit, some folks are getting offered a "Mutual Severance Package" in their yearly performance review, i.e. take this and get out or (what's behind door 2?). So far the reddit people haven't given any more detail on how they got there... — read more
323,000 Tailgates: electronic tailgate release switches
https://finance.yahoo.com/news/general-motors-recalling-over-323-132242153.html More bad designs, poor FMA's, cost savings and useless benchmarking did not get right. GM = JUNK Same old story, just listen to management with no spine to say no. ... — read more
The CEO 'return to office or else' is having limited success in 2024
https://www.cnbc.com/amp/2024/02/04/the-ceo-return-to-office-or-else-is-having-limited-success-this-year.html
Many would be happy to be paid to leave
I say bring on the layoffs!
Not enough seats in Cole building
It really su-ks to arrive at Cole building at 7:30, and find all seats with monitors are taken. No sure what upper managements are thinking.🧐
A Boeing Story That's Really About Management
I see a lot of GM in the story. https://www.cnn.com/2024/01/30/business/boeing-history-of-problems/index.html
GM made $10B last year despite autoworkers strike
ABC News Detroit: https://www.youtube.com/watch?v=S9-4E1z6ph0
RTO not making companies more valuable or pproductive
https://www.businessinsider.com/return-to-office-mandates-remote-work-stock-returns-productivity-2024-1
15 Corporate Mass-layoffs announced in the last 3 months
Twitch: 35% of workforce Hasbro: 20% of workforce Spotify: 17% of workforce Levi's: 15% of workforce Zerox: 15% of workforce Qualtrics: 14% of workforce Wayfair: 13% of workforce Duolingo: 10% of workforce Washington Post:... — read more
GM HR & Management monitor & super active on this Board
One thing is VERY Clear, this GM Layoff board is populated by primarily GM (Generous Motors) HR and other paid reps. Just read the comments for various posts… they obviously come from management. Keeping the staff/workers at bay by downvoting and... — read more
Important & Timely article for us at GM: https://www.cnbc.com/2022/11/11/what-to-do-after-unexpected-layoff.html
https://www.cnbc.com/2022/11/11/what-to-do-after-unexpected-layoff.html
Musk calls for trade barriers
https://www.cnbc.com/2024/01/25/elon-musk-says-chinese-ev-makers-will-demolish-other-companies.html
General Motors and how This Huge Company Lost its Way
Source (in case it won't open; see 'Article' section, below): https://medium.failfection.com/general-motors-and-how-this-huge-company-lost-its-way-daeb4e01e7eb Article (copied from source): General Motors is known as the multinational corporation... — read more
Here's what's next
I'm the OP who wrote "Mark Your Calendar" [https://www.thelayoff.com/t/1qcu4mX0]. I wrote that scenario 28 days ago. How did I do? Here's what I think is next. We'll see if I'm right: 25% staff reduction within the next 6 months. IT will be gutted... — read more
Work Appropriately.
As long as you come in T, W, and Th of each week. So, it was all a lie. Mary tried to appropriate the COVID 19 pandemic to virtue-signal. Much the same as VW calling their diesel a "clean-diesel", after they cheated on emissions tests.
re-org in Feb
Just heard a rumor that there will be announcements on re-organization in early February. What will happen after re-org is everyone's guess.
What's keeping you at GM?
Why not leave? The grass is greener on the outside, or so I've heard. So why stay?
Unemployment benefits and firing based on performance
I read that states like Michigan do not allow unemployment benefits if you were fired for cause, like poor performance. I also read the amount of unemployment claims a company has affects the taxes they have to pay.
We are all just a budget line
Executive management doesn't look at individual names throughout their department, they just stare at the budget and the final headcount handed to them by the business office folks. You want to find out how your department is fairing, talk to... — read more
RTO policies don't improve employee performance or company value
https://www.businessinsider.com/rto-policies-dont-improve-employee-performance-company-value-controlling-bosses-2024-1?amp
How will new RTO rules and lack of facilities backfire on GM as a company?
We all know painfully well by now that most groups were consolidated into areas with around 50% or less seating capacity. We also know that Mary acknowledged this during an APM but has dictated that we all return at the same time regardless. Most... — read more
Layoffs in Feb?
Was reading this: https://www.reddit.com/r/GeneralMotors/comments/18zlgeu/theyre_going_to_pick_us_off_slowly/ One post caught my eye about february. Anything special about this? Ultracruise is dead and I suspect a fair number of us are going to... — read more
Important reminder
This is a reminder that the day you are let go or quit, they will scrub you from their system in seconds. You will no longer exist. So put yourself and your family _before_ General Motors. Life is short and they aren’t worth it. It’s just a paycheck... — read more
Chinese EV makers are planning factories in Mexico
https://www.yahoo.com/finance/news/chinese-ev-makers-planning-factories-120000495.html
General Motors Layoffs 2024
If the economy turns around, do you anticipate any General Motors layoffs? Any chatter, news or rumors?
Back door re-entry
If a direct GM hire is fired or cut as part of a staff reduction, can they get back in as a supplier or contractor? Has anyone seen this happen?
Chevy Blazer EV Software Problems
https://techcrunch.com/2023/12/23/gm-chevy-blazer-ev-stop-sale/amp/
Mark Your Calendar - January 9, 2024: Event - Struggle Session
On January 9, 2024 you will drive up to your favourite parking lot but there will not be anywhere to park. Cameras overhead will be leering at you, recording you as you drive in circles. You will drive and drive and drive. Somewhere on the top floor... — read more
Let's talk about that airbag recall.
(Bloomberg) -- Carmakers are lobbying against an extraordinary push by US regulators to force a recall of as many as 52 million air-bag inflators. Companies like General Motors Co. and Ford Motor Co. said in letters to the National Highway Traffic... — read more
Battery-Related Fire At GM Factory Zero Plant
A fire has broken out at the GM Factory Zero plant, formerly known as the GM Detroit-Hamtramck Assembly plant, tonight, December 19th. The conflagration at the GM factory seems to have either started with a large cache of EV batteries or has been... — read more
Headline on Jalopnik
GMC Chevy Silverado And GMC Sierra Sales Halted Because Their Roofs Are Splitting
Did Cruise folks get severance?
If they did, I don't feel bad for them. GM is failing on all fronts and it's only a matter of time before it fails completely. Leaving now with some money in your pocket to help you through the job-search period is better in my opinion than losing... — read more