After reporting a profitable third quarter and a immediate spike in its current share price, GM announced it will offer voluntary buyouts to 36% of its North American white collar workforce with at least 12 years with the company. One of the issues cited for the company's action was the rising price of imported aluminum and steel, a result of the Trumpster's tariffs.
Wait a minute...didn't the Trumpster state this action will help improve the American economy. Additionally, this will no doubt impact GM Canadian workforce. However, only GM knows the number it needs to reach in voluntary buyouts before layoffs are enacted.
That Trumpster. MAGA, or that matter, the world. What a guy :crazy:
https://www.mlive.com/auto/index.ssf/2018/10/gm_buyouts.html#
Wait a minute...didn't the Trumpster state this action will help improve the American economy. Additionally, this will no doubt impact GM Canadian workforce. However, only GM knows the number it needs to reach in voluntary buyouts before layoffs are enacted.
That Trumpster. MAGA, or that matter, the world. What a guy :crazy:
https://www.mlive.com/auto/index.ssf/2018/10/gm_buyouts.html#
