Gm Financial Layoffs 2024. Gm said tuesday that the offers will save about $1 billion per year in costs, about half of the $2 billion it wants to cut annually by the end of 2024. A gm spokesperson, confirming the layoffs initially reported by automotive news, said the first of two rounds will begin on nov.

And certainly not mutually agreed upon but if they had laid you off the normal way you may not have gotten anything with less than 2 years service. Gm said it must ‘simplify for speed and excellence, make bold choices, and prioritize the.