GM Lays off 30,000
#1
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#2
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OUCH!!
Not too surprising though, when you consider what has been going on at GM recently. They really don't have much choice at this time. I know the union leaders blame the design/marketing/leadership of GM, but regardless, they have to react now or go under. Simple economics really.
I'm afraid we will never again see the auto giant we used to know and love, with over 60% market share.
Not too surprising though, when you consider what has been going on at GM recently. They really don't have much choice at this time. I know the union leaders blame the design/marketing/leadership of GM, but regardless, they have to react now or go under. Simple economics really.
I'm afraid we will never again see the auto giant we used to know and love, with over 60% market share.
#5
Originally Posted by Jim W
Fired is the wrong term, layoffs is more accurate
Plus, they've said that it will primarily be early retirements and natural attrition. We'll see if it'* true...
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3000 ppl to be laid off in Oshawa and the closing of 3 plants in Ontario, and we all know the snowball effect. I've got enough seniority at CooperStandard that this won't effect me, and most of the ones it will effect are teenagers who use their money to rice out their cars.... j/k Don't like to see anyone loose their job.
Deb
Deb
#7
Ya, I heard Oshawa is cutting their third shift. That will affect my former employer who supplies seats and cockpits to that plant.
Man, am I so glad I got out of automotive. 5.5 years was enough for me! Couldn't handle the ups and downs...
Man, am I so glad I got out of automotive. 5.5 years was enough for me! Couldn't handle the ups and downs...
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I know what you mean. My first few years there were H*** i was always one of the first to be laid off, but 18 years later i'm #46 from the top of the senority list of about 300 employees. The CAW for GM employees is a great Union, they'll help them get other jobs, keep benefits going, train them for other job and such.
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My dad'* work supplies seats/headrest foam to Honda and Ford minivan production.
I'm hoping he'll remain relatively unscathed by this, and I hope that he gets his industrial millwright certification soontime.
There'* talk of an American takeover too, which also isn't cool. Things are becoming sketchy... My family'* financial situation isn't the best right now. We get by rather comfortably, but that'* short term. My brother and I are both in post-secondary studies and living at home, my parents have a mortgage, among other things.
I still got 2-4 years of school remaining after this year depending on the route I take... so I can't help out the 'rents. I don't have a part time job right as of now, but I think that'll change in a bit.
Makes for a pretty anxious situation. I hate to be a GM employee right now - you have no clue whether or not you're next.
I'm hoping he'll remain relatively unscathed by this, and I hope that he gets his industrial millwright certification soontime.
There'* talk of an American takeover too, which also isn't cool. Things are becoming sketchy... My family'* financial situation isn't the best right now. We get by rather comfortably, but that'* short term. My brother and I are both in post-secondary studies and living at home, my parents have a mortgage, among other things.
I still got 2-4 years of school remaining after this year depending on the route I take... so I can't help out the 'rents. I don't have a part time job right as of now, but I think that'll change in a bit.
Makes for a pretty anxious situation. I hate to be a GM employee right now - you have no clue whether or not you're next.
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