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General Motors’ drive to make employees leave out of their own volition is working. Last month, General Motors announced a Voluntary Separation Program (VSP)…
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.
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…
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.
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