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April 7, 2023
General Motors’ drive to make employees leave out of their own volition is working. Last month, General Motors announced a Voluntary Separation Program (VSP)…
April 6, 2023
General Motors said it bought out 5,000 salaried positions to avert layoffs as it pivots to electric vehicles and others that require less human labor.
April 6, 2023
Last month, General Motors announced a Voluntary Separation Program (VSP) for the majority of its white-collar workers in the U.S. (and some of its global…
April 6, 2023
General Motors took a different approach to cost-cutting: giving employees the choice to stay or leave. The results have already proved to pay off, saving the company an estimated $1 billion per year.
April 6, 2023
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April 5, 2023
General Motors' Voluntary Separation Program proved popular
April 5, 2023
General Motors’ drive to make employees leave out of their own volition is working. Last month, General Motors announced a Voluntary Separation Program (VSP)…
April 5, 2023
One-Stop Business and Finance News
April 4, 2023
The company will achieve about $1 billion in cost savings on an annualized basis as the employees exit this year.
January 12, 2023
As Amazon looks to enact layoffs globally, Indian government officials call a hearing on complaints that employees were coerced into the company's Voluntary Separation Program.