GM offers buyouts to 'majority' of U.S. salaried workers

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Mary Barra, CEO of General Motors astatine the NYSE, November 17, 2022.

Source: NYSE

DETROIT – General Motors volition connection voluntary buyouts to a "majority" of its U.S. white-collar employees, arsenic it aims to chopped $2 cardinal successful structural costs implicit the adjacent 2 years, according to a missive sent to workers Thursday from CEO Mary Barra.

The "Voluntary Separation Program," oregon VSP, travel aft the Detroit automaker said past week it would terminate astir 500 salaried positions globally.

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