General Motors paid about 90,000 US employees three days early this week in an effort to reassure them that their wage payments would not be affected by any bankruptcy filing, a spokesman has said.
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GM employees would normally have been paid on Friday. Instead, the automaker issued cheques on Tuesday, Tom Wilkinson told Reuters.
“It was done to reassure employees worried about bankruptcy,” he said.
GM does not expect its payroll payments to be affected by any bankruptcy filing, Wilkinson added.
GM also pulled forward to today (28 May) a payment to its roughly 1,500 parts suppliers that would have been made on 2 June, company representatives told Reuters.
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