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Almost all of the 400 employees of General Motors in India, who were offered a voluntary separation scheme (VSS), have accepted the deal, according to the company.
General Motors had last month offered the VSS after it decided to stop selling vehicles in India by the year-end. The scheme began on May 19 and ended on June 15. Majority of the employees who were offered the scheme were from marketing, sales, finance and administration departments.
“We have received 100 per cent acceptance from our employees who were offered separation packages, as a result of restructuring efforts to cease domestic sales,” a GM India spokesperson told PTI. When asked how many employees were offered the VSS, the spokesperson said it was around 400.
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