TRANSITION ON SELF-GOVERNMENTAL CARS: General Motors offers severance pay for 18,000 employees

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General Motors (GM) will offer redundancy for 18,000 office employees in the United States, as the company switches to self-propelled cars and other new technologies, according to the US television network Si-En-En.

The largest US car maker announced a voluntary program to reduce employment after it just announced that it made a high profit of $ 2.5 billion in just the quarter.

Offers for voluntary departure will be given to employees with 12 or more years of service in the company – who have about 18,000 out of a total of 50,000 in the United States.

According to CNN, usually about 10 to 15 percent of those who qualify accept the offer.

“GM” did not disclose details of the offer, but as a rule it is a formula in which a certain amount of weekly pay for each year of service is offered.

Although the company did not mention severance payments in the report on operations, general manager Merry Bar told investors that “GM” is taking “steps to transform the workforce to ensure that we have the right skills needed for today and for the future, with significant productivity improvements.”




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