This is an interesting article/video that discusses and explains GM's decision regarding their employee pension...
90.2K
Verified Solution
Link Copied!
Question
Finance
This is an interesting article/video that discusses and explains GM's decision regarding their employee pension fund. This is a good example of the personal consequences that can occur when a company's financial condition deteriorates over time to a significant extent.
please explain what went on in your opinion.
General Electric to freeze pensions for 20,000 employees October 7, 2019 In this article: GE -1.50% 20Bar sury ayetur bimakes it pour le for purente, IL General Electric announced it will freeze pension plans for thousands of its workers in order to reduce its deficit by up to $8 billion. Yahoo Finance's Heidi Chung joins Akiko Fujita on The Ticker to discuss
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
