CEO Mary Barry said in a statement Thursday that the 'voluntary separation program' will be offered until March 24 and is a step that will help avoid 'involuntary actions' later.
Speaking at the Wolfe Research conference, Jacobson said that although GM's auto sales remain strong, the company is seeing vehicle prices starting to ease.
"We want to be cautious because we don't want to ignore the macro signs that are out there, because I don't want to be up here a year from now saying, uh, we missed it," Jacobson said. Reaction to the cost-cutting measure and the buyouts has been muted so far. Though some netizens have criticized General Motors of gutting its workforce just a little over a decade after the company was bailed out by the U.S. government during the 2008-2010 automotive industry crisis.Ashley Westerman is a former producer who occasionally directed the show.
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