Video: GM is Turning a Profit. Why the Layoffs?

If you’re a worker at GM’s assembly plants in Lordstown, Ohio, Detroit-Hamtramck and Oshawa, Ontario, it’s going to be a Christmas to forget.
By the end of 2019, 6200 jobs will disappear at these assembly operations, as well as 645 at component plants in Warren, Michigan and Baltimore. White-collar workers will be affected, too. GM plans to cut management staff by 8000, and just over 2000 of those employees have taken a voluntary buyout. We can expect the balance to be cut in…



Source URL: Video: GM is Turning a Profit. Why the Layoffs?

Source Website: Advance Engineering – Engineering.com
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