Chrysler, Dodge, and Jeep news from Allpar

GM wants to cut more workers

In 1979, General Motors employed about 618,000 people. By the end of 2009, it will have eliminated more than 90 percent of those positions.

Another round of buyout offers ended yesterday. Any employee agreeing to leave could get $20,000 in cash and a $25,000 vehicle voucher. Workers with more than 20 years with GM can get $115,000 and the vehicle voucher. GM hopes 21,000 of its hourly workers will take the money and run, leaving the automaker with 33,000 hourly employees.

GM also wants to cut its white-collar headcount by 6,150 employees, leaving it with 23,500 white-collar workers at the end of 2009. This would give GM a total workforce of 56,500 employees, just over 9 percent the number it had thirty years ago.

General Motors isn’t just cutting employees to eliminate positions; the company’s plan is to replace more expensive experienced workers with new hires that will make half the current wage and get fewer benefits. The problem is the experienced workers know the buyouts aren’t worth very much when finding another job, even one that pays much less, is very difficult and that selling a house in the current Michigan market will make it harder to explore job opportunities outside of the state.

Print Friendly
 facebookLike on Facebook • Tags: , , .

Recent news

  • Chrysler 300, Dodge Charger earn 5-star ratings
  • Durango, Grand Cherokee, honored in Chicago
  • Fiat C-Medium: Dodge Dart for China?
  • Chrysler production rising quickly (fixed)
  • Chrysler dealers speak on Bowl ad
  • Video: A.J. Allmendinger ready to race for Penske
  • Retired engineering chief Robert Sinclair
  • Marchionne talks with WJR about Super Bowl ad
  • Chicago unveilings
  • Chrysler 100C mule spotted
  • Marchionne speaks at NADA Convention
  • Chrysler says “It’s Halftime in America,” Fiat tries “Seduction”
  • Marchionne’s speech at Belvidere
  • SRT Viper Cup series returns in 2012
  • Fiat puts small Jeep on hold to replace Sedici
  • Meet Ellezero
  • 1800 jobs for Belvidere
  • January from a Chrysler perspective
  • WPC’s 2012 Collector’s Curb Series has Imperial Aspiration
  • Chrysler #1 in Canada
  • Tags: Auto industry, GM .

  • Categories

  • Months


  • Allpar NewsRSS



    Other Car-Truck News

    Two for you

    Tags: Auto industry, GM .

  • Categories

  • Months

  • cars

    Allpar Community

    2011 Cars and Trucks

    trucks (Dodge Ram)

    Find It Now


    Enter your email address for daily news updates: Delivered by FeedBurner

    Allpar covers all Chrysler and related vehicles* with news, performance tips, forums, histories, repairs, racing, and more. Use the menus on top of the pages!

    Cars - Engines - Forums - Repairs - Reviews - Us - Terms of Service - Random link - Corrections/Additions

    Upcoming or Popular Dodges, Chryslers, and Jeeps

    Please read the terms of use! * Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Chrysler, LLC. We are not Chrysler. We are not responsible for the consequences of actions taken based on this site and make no guarantees regarding validity or applicability of information or advice. The Webmaster is not an expert. Copyright © 1998-2000, David Zatz; copyright © 2001-2012, Allpar LLC. All rights reserved.

    Allpar's Chrysler, Dodge, and Jeep news is powered by WordPress . Subscribe to our RSS feed