GM has 32,000 U.S. salaried employees, and since it has set a 20% cost target rather than a headcount reduction goal, it has yet to say how many employees it expects will be leaving the company under the program. The company has previously announced some changes in health insurance for salaried staff that will meet some of the cost cut target.
I think companies are becoming real extreme when it comes to this recession. I understand that funds are tight right now, and there is a possibility that it might get worse, but take a chance. By cutting all of these workers, they could decrease in sales and or production. They really need to understand what they really are loosing before the begin cutting people loose.
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