Most GM salaried workers at Lordstown face pay cuts
Most salaried workers at the General Motors’ Lordstown complex will receive pay cuts under a new restructuring plan announced today.
It isn’t clear whether any of them will lose their jobs.
GM said today will cut 10,000 salaried jobs worldwide, citing the need to restructure itself with a government deadline looming and amid some of the worst sales in the auto industry’s history.
Tom Wilkinson, a GM spokesman, said some plants will see salaried jobs cut, but he couldn’t comment on specific plants.
However, he said pay cuts announced today will impact Lordstown.
GM said it will cut the pay of most of its salaried U.S. workers beginning May 1 and continuing at least through the end of the year at which time the pay cuts will be evaluated. The pay of U.S. executive employees will be cut by 10 percent, while other salaried workers will see cuts of 3 percent to 7 percent, GM said.
Wilkinson said plants have executive-level employees who will see the 10 percent cut, while most salaried workers will see cuts in the lower range. Some lower-paid salaried workers at plants will escape the pay cut, he said.
For more information, see Wednesday’s Vindicator or www.vindy.com.
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