General Motors Pays Workers Early in Anticipation of Bankruptcy

General Motors has paid about 90,000 U.S to their employees to show that they are not effected by the anticipated bankruptcy filing.

Normally GM employees are paid on Friday, however, this week checks were issued on Tuesday, told spokesman Tom Wilkinson. “It was done to reassure workers worried about bankruptcy,” he said.

GM doesn’t expect any bankruptcy filing to affect its payroll payments. The company would like to reassure its employees that they will continue receiving paychecks even if the company files.

Company representatives also said that GM paid its approximately 1500 parts suppliers early. Payments were made today instead of the scheduled date of June 2, the day after the governments’ restructuring deadline and likely the day GM will be forced to file for bankruptcy.