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VSP Vision Care (VSP) is a vision care health insurance company operating in Australia, Canada, Ireland, the United States, and the United Kingdom.It is a doctor-governed company divided into five businesses: “eye care insurance, high-quality eyewear, lens and lens enhancements, ophthalmic technology, and connected experiences to strengthen the relationship between patients and their eye ...
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General Motors is laying out its plan to extract $2 billion in cost savings, and it seems reductions in its labor force will be a big part of it. “This voluntary program offers eligible ...
Bernard was one of about 1,000 GM employees laid off Nov. 15. ... The Detroit Free Press reported at the time that 634 of the jobs being cut then were at the GM Global Technical Center in Warren ...
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
August 2012 featured a Voluntary Separation Program (VSP) as well as involuntary layoffs. This was due to the failed engine strategy, rising warranty costs and declines in commercial and military sales. The company let go 500 employees and in September 2012, announced plans to lay off 200 more salaried employees. [29]
General Motors is laying off more than 1,000 salaried employees globally in its software and ... GM declined to disclose the entire number of layoffs, but a source familiar with the action ...
On September 17, GM stopped providing health insurance to 55,000 union members, [7] forcing the UAW to pay for COBRA. On September 26, it was announced that GM would start to pay health insurance again to people on strike. [8] On October 16, it was announced that GM and the UAW agreed on a new labor contract that ended the month-long strike.