Whitacre thanks employees for first-quarter profit, says there is still more work to do

General Motors’ Chairman and CEO Ed Whitacre has finally spoken about the Detroit automaker’s first-quarter profit… at least to his employees. In an e-mail sent to employees Monday, Whitacre thanked employees for their contribution and said that there is still more work to do to rebuild confidence among consumers and growing the business.

In the e-mail, Whitacre told employees that the $865 million first-quarter profit was a sign of progress and that he hopes there will be additional profitable quarters moving forward.

“We still have more work ahead to rebuild consumer confidence and grow the business in an uncertain global economy,” Whitacre wrote.

The e-mail also struck a positive tone for employees and executives who survived Whitacre’s wave of job cuts.

“It’s good to know that we are moving forward,” Whitacre said. “I want to thank you for your hard work and dedication to General Motors. I appreciate your contributions…”

– By: Stephen Calogera

Source: Detroit News