General Motors (GM) is laying out its plan to extract $2 billion in cost savings, and reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an oppor...
Tag: buyouts
GM offers buyouts to ‘majority’ of U.S. salaried workers
Mary Barra, CEO of General Motors at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, as ...
Chrysler owner Stellantis offers buyouts to some U.S. employees
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stel...
Student Fees May Be Subsidizing Football Coach Buyouts
TEMPE, AZ – SEPTEMBER 17: Arizona State Sun Devils head coach Herm Edwards runs off the field with … [+] his team before the college football game between the Eastern Michigan Eagles and t...
Democrats want probe of airline Covid bailouts over staff buyouts
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images Two House Democrats have asked a Treasury Departme...
BlockFi offers employees buyouts to further reduce headcount: Decrypt
Cryptocurrency lender BlockFi is reportedly offering its employees a buyout scheme in order to further whittle down its workforce, only one month after cutting a fifth of staff. Through a “volu...
Carlson Capital’s Jesse Ho Sees Minimum Price Of $44/ Share In Elon Musk’s Twitter Buyout
Carlson Capital’s Black Diamond Arbitrage Partners generated a net return of -0.91% for the second quarter, bringing its first-half return to -1.52%. The fund’s special situations and othe...
BlockFi Offering Employee Buyouts Just One Month After Cutting Staff by 20%
Cryptocurrency lender BlockFi, which just weeks ago finalized a $400 million loan and potential acquisition terms with crypto exchange FTX, is offering employees buyouts as a way to quietly reduce hea...
BlockFi Quietly Reduces Employees, Offer Buyouts To Force Resignations
BlockFi, a cryptocurrency lender that just closed a $400 million loan and possible purchase conditions with cryptocurrency exchange FTX, is providing staff buyouts as a covert means to cut down on man...
SPAC Fire Sales Stick Investors With Deeply Discounted Buyouts
(Bloomberg) — Investors who piled into SPACs at the height of the industry’s mania with dreams of triple-digit returns are facing a harsh reality: They may get bought out for little more than pe...
The Power Of Diversity, Equity, And Inclusion To Improve Risk-Adjusted Returns In Private Equity
Group of Diverse Colourful Hands Raised with Symbols getty Assets managed by diverse-owned firms have only increased by a tenth of a percentage point to 1.4% of the $82.2 trillion US asset management ...