Comment by wcunning

The General Motors CFO basically said as much on an investor call in 2022 or 2023. That didn't get rid of enough people, so now they've implemented stack ranking because that worked so well at MSFT. That said, they get a "free" 5% workforce reduction every year that they want it, no severance, no buyout, just let go. There will be more of that coming, particularly in US automotive after the UAW deal and the current sad state of vehicle sales and the write downs on EVs.