Report: 'Black Monday' Looms for GM Employees

Steph Willems
by Steph Willems
report 8216 black monday looms for gm employees

General Motors’ cost-cutting plan could hit home in a big way for salaried employees next week.

While the automaker has already begun cutting its salaried workforce, part of a broader streamlining push that includes plant closures and model discontinuations, sources claim Monday could bring widespread pink slip action.

According to two sources who spoke to Automotive News, GM CEO Mary Barra’s plan to cut 15 percent of GM’s salaried employees will hit hard on Monday, which one advisor reportedly referred to as “Black Monday.”

Reducing a salaried workforce of roughly 54,000 North American employees by 15 percent means some 8,000 jobs need to go. Some already have. Late last year, GM offered voluntary buyouts for salaried staff, and AN reports some 1,500 contract workers and 2,250 white collar types have already sprung for the bait.

That leaves GM over 4,000 employees shy of its target. According to the sources, the looming cuts should take place over the course of several weeks.

GM, which hasn’t made its existing salaried cuts public, responded to the report by stating, “We are not confirming timing. Our employees are our priority. We will communicate with them first.”

Thousands more hourly workers stand to lose their jobs as the automaker shutters two transmission plants and three assembly plants in the U.S. and Canada, with the overall cuts expected to free up $6 billion annually by 2020. The plants, including Detroit-Hamtramck Assembly, Lordstown Assembly, and Oshawa Assembly see their flow of product dry up over the course of 2019.

The move will see five models — the Chevrolet Cruze, Volt, and Impala, Buick Lacrosse, and Cadillac XTS — drop from GM’s lineup, though the Cadillac CT6, built at Detroit-Hamtramck, will apparently live on.

[Image: General Motors]

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  • Mikey Mikey on Feb 03, 2019

    @SC5door ... I have two beefs re-Blazer . Agreed, it should have been assembled in one of the plants slated for closure. ( preferably Oshawa, but I would be okay with one of the U.S. plants ) My other beef .....Just another unibody SUV !!!! Why not the BOF Canyon platform ?

  • Tmvette454 Tmvette454 on Feb 03, 2019

    maybe it's time to let GM go. They make maybe 3 vehicles worth looking at and none have competitive interiors. 10 years ago the government bailed them out and they got out from under bad contracts, eliminated dealers and they are still making cars I won't even consider, except the corvette of course. The best thing would be to break it up and sell off Cadillac and Buick

  • SCE to AUX I charge at home 99% of the time, on a Level 2 charger I installed myself in 2012 for my Leaf. My house is 1967, 150-Amp service, gas dryer and furnace; everything else is electric with no problems. I switched from gas HW to electric HW last year, when my 18-year-old tank finally failed.I charge at a for-pay station maybe a couple times a year.I don't travel more than an hour each way in my Ioniq 1 EV, so I don't deal much with public chargers. Despite a big electric rate increase this year, my car remains ridiculously cheap to operate.
  • ToolGuy 38:25 to 45:40 -- Let's all wait around for the stupid ugly helicopter. 😉The wheels and tires are cool, as in a) carbon fiber is a structural element not decoration and b) they have some sidewall.Also like the automatic fuel adjustment (gasoline vs. ethanol).(Anyone know why it's more powerful on E85? Huh? Huh?)
  • Ja-GTI So, seems like you have to own a house before you can own a BEV.
  • Kwik_Shift Good thing for fossil fuels to keep the EVs going.
  • Carlson Fan Meh, never cared for this car because I was never a big fan of the Gen 1 Camaro. The Gen 1 Firebird looked better inside and out and you could get it with the 400.The Gen 2 for my eyes was peak Camaro as far as styling w/those sexy split bumpers! They should have modeled the 6th Gen after that.