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GM Announces Record Profit-Sharing Checks of Up to $14,500 for Workers Amid Financial Ups and Downs
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
GM announces record profit-sharing bonus for workers
In a letter to its shareholders on Tuesday, GM announced their successful 2024 would produce a record-setting profit-sharing bonus of up to $14,500, worth two months' of extra pay for its workers.
GM profit-sharing checks hit new record with worker payouts up to $14,500
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.
UAW members at GM could get up to $14,500 in profit-sharing checks
GM Hourly Workers Earn Huge Profit-Sharing Payouts
About 48,000 eligible employees at General Motors are in line for record-high profit-sharing checks following today’s release of the company’s financial results. Hourly workers could take home up to $14,
1h
Why GM stock has gotten hit hard on earnings
GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in ...
23h
GM results aren't enough for investors, shares skid 9% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...
20h
GM Stock Sinks After Results
Shares in General Motors (GM) tumbled after the car maker reported a $2.9 billion quarterly loss, putting the stock on course ...
1d
on MSN
GM Earnings Beat Expectations. Why the Stock Is Getting Crushed.
GM expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street ...
1d
on MSN
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United ...
1d
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
2d
GM job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor ...
1h
Giants GM Hypes Shedeur Sanders Ahead of 2025 NFL Draft: 'He Checks All the Boxes'
New York Giants general manager Joe Schoen was impressed by Shedeur Sanders when meeting with the former Colorado quarterback ...
28m
on MSN
GM Cuts Dozens Of Jobs Under New Performance Evaluation Scheme
Approximately 1,000 employees were sacked by GM late last year, shortly after the new system was introduced. Workers who lose ...
1d
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
23h
on MSN
GM’s Profit Outlook Draws Skepticism as Tariff Threats Loom
General Motors Co. unveiled a better-than-expected profit outlook, but US President Donald Trump’s tariff threats raised ...
3h
on MSN
GM Stock Drops Again. Wall Street Still Can’t Figure Out What It Did Wrong.
GM shares dropped almost 9% Tuesday, closing at $50.05. Shares traded for as low as $48.72. It was the worst day for shares ...
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