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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.
General Motors hourly employees receiving record-breaking profit-sharing checks
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
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.
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 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 ...
13h
GM Posts Quarterly Loss, Makes Plans for Potential Tariffs
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker ...
16h
Why GM shares drop around tariff uncertainty, despite Wall Street beat
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance ...
StockStory.org on MSN
1d
Why General Motors (GM) Shares Are Getting Obliterated Today
Shares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported ...
1d
on MSN
General Motors is set to report earnings before the bell. Here's what Wall Street expects
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes ...
2d
on MSN
General Motors Q4 results on deck: Analysts expect double-digit profit growth, tariff talks in focus
General Motors (NYSE:GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with ...
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
Why General Motors Stock Is Sinking After Its Earnings Beat
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's ...
The Manual on MSN
5h
The C8 ZR1 is the fastest Corvette in General Motors’ history, and it isn’t close
How fast is it? When outfitted with the optional ZTK Performance Package that adds a high-downforce rear wing, stiffer ...
1d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
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