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No lump sum to walk away, no packages, straight firing is what they are doing to cut the salary workforce. They will give a person one month severance for each year worked, up to a maximum of 15 months, for 15 years or greater service. The severance does include health insurance, as it exists when let go. Does not include anymore contributions to the retirement, but GM's contributions are cut way down to any retirement as of Jan. 1 of next year. In some ways I feel I won't be cut this year, or next, but the following year I will be, and if it is in 08 when they let me go, that would be ideal. However, one thing I have learned, no matter how critical your job is, you can be let go at any time, so I do not feel secure until all the heads are cut this year. Hell, I'm 58, worked for GM for 15 years now, and I have a small retirement from a little over 15 years with the Federal Government, so I won't be hurting too bad. However, if I do get cut, I won't have access to GM's service manual anymore  , so won't be able to help anyone out in that regard.Time will tell, I just wish they would get it all over with ASAP, and let all of us get on with our lives. |
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What's a pension?   Glad your still around. Good luck in the weeks to come.  </div></BLOCKQUOTE>Good luck to you too. I was over at the Tech Center today and drove around the VEC. Saw the TV crews sitting on Van Dyke. I don't work at the Tech Center so maybe they will forget about me.  |
I'm glad to hear that you guys at least made it safely through Black Tuesday.
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X2 Glad everything is ok so far. |
I'm so relieved to hear this F5 and Ma'. We'll keep hope for the next go round that you get to stay on.
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Maybe we can all pitch in a little to keep our fellow forum members that are GM employees employed
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When life deals you lemons, make lemonade. I went through a corporate downsizing in 2001 with a communications company. Out of the blue, called to a meeting in the morning and given a severance package. Security guards watched each employee as they packed up and escorted them out the building. Totally unexpected and blew me away.
The GOOD news is 5 years later I have the job of my dreams . . . there's no looking back. Hope y'all don't have to go through what I did, but just know that there's life after layoff. You're in my thoughts and prayers, folks. |
Yeah, hang in there and keep your head down... I was with AT&T Wireless when it was bought out by cingular... they let me go. It was a couple years of hard times, but I'm so much better off now than I was then. Similar to when I left the military... I think for the most part if you do get let go, for the majority of folks... if they want it bad enough, they'll be better off in the long run... just takes alot of work and a certain amount of guts. This is the greatest country in the world... there isn't anything anyone can't do if they are willing to work for it.
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NOOOOooooooooo!!!!!  Glad to hear you made it through. |
Wow! thanks for the thoughts, prayers and inspirational stories. I like my job, and would like to keep it, but if it goes down hill i'm going to look for something a little less stressfull. Like Full Time elcova Hummer forum padder
. maybe not as lucrative(sp?), but atleast i wouldn't get fired. thanks again. |
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Not fired but possibly banned for padding Good luck |
best of luck to all of you !!!
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geeze, life is tough everywhere. |
I don't know, JASON is now a TASK MASTER
"Now I ask some assistance from you: Please refrain from the unnecessary PAD posting. It is a waste of time for everyone. Further, if it is that important to you to have more "karma" points, ask me for them. All requests will be considered." BEST OF LUCK GUYS & GIRLS !!! RYD |
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opps. sorry, i slipped |
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