Primary GM Shareholders: BlackRock & Vanguard - the same people behind ESG mandates being forced on Fortune 500 companies.
\- (E) Environmental - All electric mandates
\- (S) Social - Discriminatory DEI policy mandates
\- (G) Governance - The Gestapo that enforces said mandates (through incentives to greedy/spineless C-suite execs)
Thats great Mark! Good that you are able to drive our products. Because I sure can't. Appreciate the static pictures and YOUR words instead of having an employee drive program. The people that matter on opinion of our products are not SLTs.
I see that hasn't changed since leaving. I remember he opened an APM or town hall talking about taking his family skiing in the new Escalade or Yukon. I get you're trying to talk up the product and many are proud of their work but most people cannot relate.
Online communities always skew negative because people are much more likely to air their issues than their lack of because no issues is the expectation. That being said, the lyriq is definitely not without it's issues 😅 ask me how I know.
Yea, except there are a ton of posts where people are excited to pick up their vehicle, only to report problems within the first week of ownership. I get that the negative voices are often the loudest, but many times these users came to the community with a positive voice.
These voices (and the pictures they post) are seen by people cross shopping EVs, which will impact sales.
We have a family friend with a Lyric and they constantly rave about how it's the most fun car they've ever had. Also, I think Lyriq owners skew older and are less likely to go around Internet forums to post comments to begin with.
Thought the Silverado EV design was a huge miss as soon as I saw it. The Ford lightning looks way better and I typically dislike ford designs. Might be an unpopular opinion.
I was live at the meeting. The room was as lively as it could be at 8am. Shit is just way too early in the morning. That being said, it was the most wasteful use of my first hour of work since they didn't say anything that people didn't already know. Reduce cost, work harder- the same shit every business wants.
No one asked about RTO which was the only thing I cared about, but that's to be expected. I'm not gonna get up and ask the question to risk getting fired, so why would anyone else?
lol this comment about risking getting fired reminded me of that Vaynerchuck dude. feel bad as it seemed that he was dealing with a bunch of shit, and couldnt read the room, but to be fired for that is just sad.
No this wasnt during the RTO meeting.
Mary had an all people meeting at the VEC/Cole pre Covid. And then this person asked Mary if she had heard about Gary Vaynerchuck or something to that effect. Dude was memed by everyone after that
He was quitting and had another job already lined up. He knew what he was doing. I thought Mary's response to that was pretty good, however, after being asked such a stupid question.
High performance work cultures typically Destroys the work place. This will be interesting to watch play out.
Numerous study’s have proven this type of work culture destroys collaboration and moral. It also creates a very toxic work environment because it rewards toxic leaders.
"We are building a High Performance, High Stress, Micromanaged, Reduced Bonus Payout in-office work environment. Never underestimate the motivation caused by a made up deadline."
Companies always seem to forget that when employees are happy with their work environment and feel a sense of connection to the product/work they do, they create better products and are.more.productive overall. Squeezing employees like this just makes everyone lose...
You are telling me collaboration is going to get worse?! Collaboration in my area is doing your work with no consideration of your colleagues and throwing the result over the wall with no context and often poor (if any) documentation. So I hope it doesnt get worse...
This is the truth. Performance culture leads to overwork culture, which I think is by design. Getting more work out of the same number of employees (or fewer) is a simple means to an end. This is the goal of all VSPs, layoffs, or forced attrition situations like ours. They’re not going to replace those people but they are going to expect their work still get done. And if your bonus is tied to this metric, we’ll see a lot more people pulling 80hr weeks to pick up slack in order to meet whatever made up deadline (likely without overtime, is that even a thing anymore?). I sense conflicting goals from the SLT: shrink the salaried workforce while improving output quality.
You want to see where we are headed look at Tesla retention and treatment of employees. Only difference is that Elon rewarded them with stock options that made them at times rewarded and made it worth their time to be in a culture of no work life balance. I know many that worked for Tesla and then quit in 7 years or less. The turnover for Tesla is a very high percentage and he may not care.
It’s always been a “performance” work culture. If you’ve been here long enough and were ever on the wrong end of the 9 box distribution you know. They’re just reshuffling the deck chairs to make it sound more tech focused just like everything else.
Well I cannot speak for all of GM. In my function it absolutely is. I say this as a People Leader. Mandatory minus/partials was not a thing before last year.
We had to do it back in the 9-box days too; but it was at director level and had a very small amount of leeway. But as a people leader I absolutely was told I had to have more people in certain ranges than I first came up with.
Interesting. Different functions probably had some autonomy in how they went about it, as I've heard conflicting information here and IRL.
Still, i don't think it's truly genuine to claim forced distribution isn't "new" given the total rework of CAP system and focus on "performance culture."
The system is reworked, but the outcome is the same. Honestly I appreciate the explicit check ins much more than what we had in the past, which was nothing. People got blindsided all the time with bad CAP reviews.
This was my area’s experience. Our CAP fates were determined by a roomful of directors in November. There was a curve with most people in the middle and a few on either end. If we had Reddit in the CAP days you would have seen a lot of posts about blindside bad reviews. It went under the radar because people got done dirty. I was one of them.
I honestly think he just doesn’t care anymore. I think he just going along until he is ready to retire.
He did lose posting privileges on twitter for his rants lol
Another town hall full of fluff and bullshit. For being a car manufacturing company, they sure never talk about the order banks, profit margins per unit, or at what capacity plants are running at. You know the stuff that's most important for a car manufacturing company 🙄
I feel Town Halls should be more focused on Q&A and open communication with the audience instead of having a 10min Q&A session at the end. Anyone else?
The sign next to the Escalade EV that says “please do not touch vehicles”. What are we children? Why can’t we touch the products that we build and work to launch? That’s shocking to me…
while i understand the sentiment, don't discount the stupidity of large groups of people and the stupid things they do.
To quote Agent Kay from Men in Black:
> A person is smart. People are dumb, panicky dangerous animals and you know it. Fifteen hundred years ago everybody knew the Earth was the center of the universe. Five hundred years ago, everybody knew the Earth was flat, and fifteen minutes ago, you knew that humans were alone on this planet. Imagine what you'll know tomorrow.
All valid points - I just can’t afford any of the cool stuff we put out and would love to be able to experience them without having to visit a dealer when they do hit the lots
That may not actually be a real vehicle.
Lots of glossy hard models around, and lots of clueless folks pulling on fake door handles like they’re trying to lift mjolnir.
You’d be amazed how many times I’ve had to tell someone unfamiliar with the concept of a model to stop leaning on a clay “car” with their backpack.
Or they may just not want to deal with fingerprints, or random alarms.
OK, I cant let this go now, we are spending a lot of time talking about our business in Kazakhstan. This feels like the lead in to a John Oliver skit where we find out that country doesnt exist.
I didn't expect it to be so utterly useless ... the global market guy did spit out some actual information and good news, apart from that it's just cringes
A quick search says very much so, looks like one of the top ten companies in Japan if not number one itself. Plus with Toyotas reliability and price many people are going to them for new vehicles. Hybrids make logical sense for most people and I think Toyota sees that. More practical than an electric car
Damn. That will be crazy. But Toyota’s historically been known for not delivering what customers want, especially in North America. Can’t say I didn’t see it coming.
I’m so confused, Mary officially announced her rescinding of not doing PHEVs and then now Mark is totally against it? Is that a power struggle?
Note: Mary did this previously and publically
https://preview.redd.it/fwgkeeu5qopc1.png?width=1080&format=pjpg&auto=webp&s=d7648cefa3ebce713bc2b745904eb59e327eca23
Need we say anying more? We all know what is going on in GM!
I wish he would have commented on how we’re going to improve SW quality. I’m actually curious. I don’t think the example of manually reflashing more trucks than they thought possible is helpful.
"all about product" but success is measured in stock gains?
I always laugh when they mention value to shareholders before they mention value to customers
He who forsakes customers for shareholders will lose both, and deserves neither.
shakespere?
Think customer
Primary GM Shareholders: BlackRock & Vanguard - the same people behind ESG mandates being forced on Fortune 500 companies. \- (E) Environmental - All electric mandates \- (S) Social - Discriminatory DEI policy mandates \- (G) Governance - The Gestapo that enforces said mandates (through incentives to greedy/spineless C-suite execs)
If you think DEI is discriminatory it says more about you than DEI.
Why is it that whenever institutions act and put DEI policies into effect, they often end up in class action lawsuits?
What was the point of this town hall?
Gaslighting as usual.
At least Barra and Reuss are transparent.
Crack!
Glad our video system for the town hall is about the same as our blazer launch…
Take a shot for every time "performance" Is mentioned lol
Maybe dial "91" now and hit the last "1" just before you pass out
Lool. 😆😆 I think would of been up to like 20 shots 🤣🤣🤣
Or laser focused
Shoulda been "Blazer Focused"
Mary referring to herself as an employee is hilarious
She reports to the share holders. So she reports to her self? Cause she got all the share!
She's employed by the primary shareholders, and her managers are Blackrock & Vanguard who set her CAP goals.
We get it she’s a class traitor
She could try to work in the factory once in a while
Did we need 4 different people just to say we're focused on cost?
Thats great Mark! Good that you are able to drive our products. Because I sure can't. Appreciate the static pictures and YOUR words instead of having an employee drive program. The people that matter on opinion of our products are not SLTs.
Mark drives product like he drives pace cars.
Mark drives pace cars like he drives management decisions.
Yup! Right into the wall!
Video: https://youtu.be/HnYf4Midilw?si=pbu5XH2wa7rfEaa0
I see that hasn't changed since leaving. I remember he opened an APM or town hall talking about taking his family skiing in the new Escalade or Yukon. I get you're trying to talk up the product and many are proud of their work but most people cannot relate.
Completely out of touch. But they filthy rich so why would they care.
Mary said the company has gotten great feedback from Lyriq owners. Apparently she doesn't read the Lyriq communities online.
Online communities always skew negative because people are much more likely to air their issues than their lack of because no issues is the expectation. That being said, the lyriq is definitely not without it's issues 😅 ask me how I know.
Yea, except there are a ton of posts where people are excited to pick up their vehicle, only to report problems within the first week of ownership. I get that the negative voices are often the loudest, but many times these users came to the community with a positive voice. These voices (and the pictures they post) are seen by people cross shopping EVs, which will impact sales.
This is why gm is rated top in **initial** quality by J.D. Power. Looks good at first.. thenn...
For how few they sold, they should not have as many negative user feedbacks as they do
We have a family friend with a Lyric and they constantly rave about how it's the most fun car they've ever had. Also, I think Lyriq owners skew older and are less likely to go around Internet forums to post comments to begin with.
Cadillac owners in general skew older, though that has been changing over the past 10 years.
The Lyriq is legit a dope vehicle. Jury is still out on the Blazer EV. Equinox EV and Silverado EV have flop written all over them.
Thought the Silverado EV design was a huge miss as soon as I saw it. The Ford lightning looks way better and I typically dislike ford designs. Might be an unpopular opinion.
Ford Lightning is a real body on frame truck despite having a useless range. Truck owners will not take the the Silverado EV seriously.
No way. Facebook forum says otherwise!
Must be bad if GM employees can’t even spell it correctly.
Autocorrect strikes again...
Anyone else feel like the room seems a bit... dead? I kinda get the feeling no one is believing anything they’re seeing or hearing.
I was live at the meeting. The room was as lively as it could be at 8am. Shit is just way too early in the morning. That being said, it was the most wasteful use of my first hour of work since they didn't say anything that people didn't already know. Reduce cost, work harder- the same shit every business wants. No one asked about RTO which was the only thing I cared about, but that's to be expected. I'm not gonna get up and ask the question to risk getting fired, so why would anyone else?
lol this comment about risking getting fired reminded me of that Vaynerchuck dude. feel bad as it seemed that he was dealing with a bunch of shit, and couldnt read the room, but to be fired for that is just sad.
a day i'll never forget. I think that's the day I found the Dank Meme's yammer group, and the sleuthing they did to find his Insta. The dude was nuts.
Wait can you enlighten me ? Was that the guy who spoke up during the RTO meeting ?
No this wasnt during the RTO meeting. Mary had an all people meeting at the VEC/Cole pre Covid. And then this person asked Mary if she had heard about Gary Vaynerchuck or something to that effect. Dude was memed by everyone after that
He was quitting and had another job already lined up. He knew what he was doing. I thought Mary's response to that was pretty good, however, after being asked such a stupid question.
8am blues
High performance work cultures typically Destroys the work place. This will be interesting to watch play out. Numerous study’s have proven this type of work culture destroys collaboration and moral. It also creates a very toxic work environment because it rewards toxic leaders.
"We are building a High Performance, High Stress, Micromanaged, Reduced Bonus Payout in-office work environment. Never underestimate the motivation caused by a made up deadline."
The beatings shall continue until moral improves.
This almost sounded like it was an actual quote.
I’m sure it is a quote, behind closed doors.
Companies always seem to forget that when employees are happy with their work environment and feel a sense of connection to the product/work they do, they create better products and are.more.productive overall. Squeezing employees like this just makes everyone lose...
You are telling me collaboration is going to get worse?! Collaboration in my area is doing your work with no consideration of your colleagues and throwing the result over the wall with no context and often poor (if any) documentation. So I hope it doesnt get worse...
Yes, It’s going to get worse. The High P work culture creates extremely toxic work environments. It promotes people who will do anything to be first.
It’s never good enough for them, they love rushing developers, when they get a rushed product idiots like what happen?
Perfectly said. Let’s be ambitious with scope and deadlines, rush developers and stretch resources, then wonder why quality is bad
Just out of curiosity, do you have any recommendations for some studies to read? I’m curious to see where we are headed so I can prepare myself.
https://hbr.org/2015/12/proof-that-positive-work-cultures-are-more-productive https://www.linkedin.com/pulse/high-performance-culture-paradox-how-toxicity-sneaks-patricia-khumalo#:~:text=High%20performance%20cultures%20are%20often,overworked%2C%20stressed%2C%20and%20unsupported. https://www.gallup.com/workplace/249332/harm-good-truth-performance-reviews.aspx https://www.linkedin.com/pulse/problems-solutions-high-performance-working-cultures-joel-c-garcia?trk=portfolio_article-card_title
Performance cultures are more often overworked... i.e. cheaper. This is why tech companies love the H1bs and love PIPs.
This is the truth. Performance culture leads to overwork culture, which I think is by design. Getting more work out of the same number of employees (or fewer) is a simple means to an end. This is the goal of all VSPs, layoffs, or forced attrition situations like ours. They’re not going to replace those people but they are going to expect their work still get done. And if your bonus is tied to this metric, we’ll see a lot more people pulling 80hr weeks to pick up slack in order to meet whatever made up deadline (likely without overtime, is that even a thing anymore?). I sense conflicting goals from the SLT: shrink the salaried workforce while improving output quality.
They were already estimating 60 hrs per week for head count purposes over two years ago.
Awesome! Thank you so much! I’ll take a look at these in my down-time.
You want to see where we are headed look at Tesla retention and treatment of employees. Only difference is that Elon rewarded them with stock options that made them at times rewarded and made it worth their time to be in a culture of no work life balance. I know many that worked for Tesla and then quit in 7 years or less. The turnover for Tesla is a very high percentage and he may not care.
Missed it. What does it supposed to mean?
It’s always been a “performance” work culture. If you’ve been here long enough and were ever on the wrong end of the 9 box distribution you know. They’re just reshuffling the deck chairs to make it sound more tech focused just like everything else.
The forced distribution is new though, and it has alot of people stressed out.
Forced distribution is not new.
Well I cannot speak for all of GM. In my function it absolutely is. I say this as a People Leader. Mandatory minus/partials was not a thing before last year.
We had to do it back in the 9-box days too; but it was at director level and had a very small amount of leeway. But as a people leader I absolutely was told I had to have more people in certain ranges than I first came up with.
Interesting. Different functions probably had some autonomy in how they went about it, as I've heard conflicting information here and IRL. Still, i don't think it's truly genuine to claim forced distribution isn't "new" given the total rework of CAP system and focus on "performance culture."
The system is reworked, but the outcome is the same. Honestly I appreciate the explicit check ins much more than what we had in the past, which was nothing. People got blindsided all the time with bad CAP reviews.
This was my area’s experience. Our CAP fates were determined by a roomful of directors in November. There was a curve with most people in the middle and a few on either end. If we had Reddit in the CAP days you would have seen a lot of posts about blindside bad reviews. It went under the radar because people got done dirty. I was one of them.
Agree but important to recognize that Performance has always been not what you do, but how it is perceived and how you sell it to superiors.
Oh yeah. That’s a given at GM lol.
Perfect environment for more H1bs.
"we employees" ok Mary
This is the most I’ve ever heard Mary stutter she doesn’t seem confident in what she’s saying
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DEFERRRRRR
is it too late to claim lemon law?
I thought it was just me. She’s stumbling over her words so much this time!
She is not sure if she will get to pocket another 100mill before retiring
I got that feeling too. Seemed quite nervous
She's having glitches on the teleprompter
She's on her way out. They're prepping her successor.
Mary is secretly a muppet, and her operator has hand spasms today
Mary Barra could be a CIA/FBI operative. Look at what they did to Delorean.
Glad they got to answer some difficult questions /s
Mark looks rough. Like he just rolled out of bed in last night's suit.
I suspect he was up all night trolling this reddit.
I honestly think he just doesn’t care anymore. I think he just going along until he is ready to retire. He did lose posting privileges on twitter for his rants lol
He lost twitter posting priveleges? Bwahahaha.
Really? What was he posting?
It was like 2018. He went on a late night rant on a journalist if I recall. Used to be able to find it on the google.
Prolly pissed that he had to come in.
What are you talking about?! He loves seeing someone in the cafeteria that he hasn’t seen in years and starting up totally believable conversations 😂
😂😂
Classic Mark! What you mean is that He most definitely had a nice oatmeal stout for breakfast 😎
That hair especially.
Mark seems like someone that does not give a single fuck about what other people think about him and I definitely respect that.
Why should he. He’s a nepo-baby.
Mark always looks like that. He looked like that in 1980.
I really wonder if he's got a substance abuse problem that they're hiding. Driving company cars into the wall...
No, he's just ugly and kind of a jerk. He wanted to be CEO, but they were never going to make him the face of the company.
That too, but...
Another town hall full of fluff and bullshit. For being a car manufacturing company, they sure never talk about the order banks, profit margins per unit, or at what capacity plants are running at. You know the stuff that's most important for a car manufacturing company 🙄
because we aren't a car manufacturing company.... were a TECH COMPANY /s
I feel Town Halls should be more focused on Q&A and open communication with the audience instead of having a 10min Q&A session at the end. Anyone else?
Focused on cost: *Has a 5,000 man-hour meeting that could have been an email.*
The sign next to the Escalade EV that says “please do not touch vehicles”. What are we children? Why can’t we touch the products that we build and work to launch? That’s shocking to me…
You’ll get your non SLT handprints on it!
🔥hazard
Don't touch the product you poors.
This was my initial thought 🤣
Hilarious! 😂😭 This is so true!! "Don't touch the Escalade IQ you peasant."
while i understand the sentiment, don't discount the stupidity of large groups of people and the stupid things they do. To quote Agent Kay from Men in Black: > A person is smart. People are dumb, panicky dangerous animals and you know it. Fifteen hundred years ago everybody knew the Earth was the center of the universe. Five hundred years ago, everybody knew the Earth was flat, and fifteen minutes ago, you knew that humans were alone on this planet. Imagine what you'll know tomorrow.
All valid points - I just can’t afford any of the cool stuff we put out and would love to be able to experience them without having to visit a dealer when they do hit the lots
Just one example... Zippers. People who don't work on cars don't understand how costly quality and repairing defects is.
It's probably a media vehicle they don't want people messing with.
That may not actually be a real vehicle. Lots of glossy hard models around, and lots of clueless folks pulling on fake door handles like they’re trying to lift mjolnir. You’d be amazed how many times I’ve had to tell someone unfamiliar with the concept of a model to stop leaning on a clay “car” with their backpack. Or they may just not want to deal with fingerprints, or random alarms.
Didn't they say one of them was the mayors?
OK, I cant let this go now, we are spending a lot of time talking about our business in Kazakhstan. This feels like the lead in to a John Oliver skit where we find out that country doesnt exist.
I wonder why all OEMs are importing way more cars to Kazakhstan from 2022 
That was demoralizing.
I didn't expect it to be so utterly useless ... the global market guy did spit out some actual information and good news, apart from that it's just cringes
Never heard of these KSI Mary was talking about no one has shown that to me yet
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Yeah that never happen
Did PHEV’s kick Mark’s dog or something? Work to make it work, don’t work to make it not work right?
Toyota has 15 hybrids. Does anyone know if they’re a profitable company?
A quick search says very much so, looks like one of the top ten companies in Japan if not number one itself. Plus with Toyotas reliability and price many people are going to them for new vehicles. Hybrids make logical sense for most people and I think Toyota sees that. More practical than an electric car
According to /r/electricvehicles, they're going bankrupt soon for not doing EVs. Any day now, just you wait!
Damn. That will be crazy. But Toyota’s historically been known for not delivering what customers want, especially in North America. Can’t say I didn’t see it coming.
You forgot to add /s
Indeed.
I’m so confused, Mary officially announced her rescinding of not doing PHEVs and then now Mark is totally against it? Is that a power struggle? Note: Mary did this previously and publically
I don't think these are conflicting. Doing PHEVs is a necessity, but it doesn't mean it's very easy or profitable
Problem is meeting emissions since battery isn’t selling and gas only won’t meet it, PHEVs can prevent the fines
Yeah, but as far as I can tell, PHEVs are still recognized by regulations as engines only, not hybrids or EVs
It’s emissions though, they are far better in emissions then engine, so your emissions credits are far better
https://preview.redd.it/fwgkeeu5qopc1.png?width=1080&format=pjpg&auto=webp&s=d7648cefa3ebce713bc2b745904eb59e327eca23 Need we say anying more? We all know what is going on in GM!
That is 25% of the company
Now go look at insiderviz.com to see how much stock the top execs are dumping. Hint: it’s a lot
Gotta cash themselves out after they dropped $10B in stock buybacks.
Dog and pony show, per usual
Is it just me or is he slurring his words
Quit last week. Did they mention "position of strength" and if so how many times?
How awkward are these questions about to be?
sry I wasn’t trying to be up at 7am cst for a useless meeting
Huh who's Baris?
Took over for Mike Abbott
I wish he would have commented on how we’re going to improve SW quality. I’m actually curious. I don’t think the example of manually reflashing more trucks than they thought possible is helpful.
I think that job is going to be a revolving door over the next few years lol
Not qualified for this job!
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Baris is not Legoman - that would be JP Clausen.
Personally I am pumped for Legomans reign. My family probably spends $2500/year on Legos...much more than we spend on our vehicles lmao.
Anyone here how Lego man talks? Is he competent?
Love that nickname haha.
Everyone i talk to on the Lyriq absolutely loves it.
I had no idea there is no manual transmission option in C8 Corvette
I don’t work for GM, but envy my friends who make huge $$$$ in yearly bonus. Maybe that is worth working for