Joey

As GM Goes, So Goes the Nation (Part 2)

GM is bleeding over $2 billion dollars a month. No matter how poorly run GM is, they still keep the BOD still keep the CEO and his henchmen. If I were CEO, I would get rid of many of the white collar workforce. I would clear out almost the entire body of unclassified workers (workers who make around $300,000 a year - and believe me, there are thousands of them). I would then cut the level 8 employees by 50% - moving the other 50% to the unclassified workers spots (these workers make around $150,000 a year). I would get rid of around 25% of the level 7 employees promoting them to the level 8 employees jobs. I would get rid of 50% of the people who work out of the Renissance building and would close 3 of the 5 regional offices. The remaining 2 regional offices can do the work of the 5. It is the same jobs out of the regional office - only instead of sending 1,000 emails to dealers they are sending 3,000 emails to dealers. Bleeding 2 billion dollars a month takes dramatic action. Also, in regards to insurance - I would take all of the planned surgeries (which is around 75% of the surgeries) and fly the people needing surgery to India for a week to get their hip replacements and cancer surgeries such as bone marrow transplants there.