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Old 06-07-2005, 07:14 PM   #1
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Default GM to cut 25,000 jobs

So guys what do you think (sorry if its a repost). GM is cutting 25,000 jobs because the Union is eating them big time. It'* a sad situation.

I think Unions are good in a lot of cases but right now the Union is really screwing GM big time.
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Old 06-07-2005, 07:25 PM   #2
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theres always two sides to a story, I think GM wants to take away benefits of the retired, something along those lines. Perhaps GM will be dropping more lines if this continues? plus they lose so much money compaired to Ford and other car companies because GM cars are the easiest to work on, (Perhaps F.O.R.D was a great idea all along for them)
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Old 06-07-2005, 09:01 PM   #3
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A lot of fat will be trimmed and GM will end up becoming a leaner more competitive company even if they are eventually down to just selling Chevy.
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Old 06-07-2005, 09:06 PM   #4
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Inevitable. A lot of those jobs are prolly being cut in MI. The Unions make it very tough.
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Old 06-07-2005, 09:29 PM   #5
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Quote:
Originally Posted by Sol
Inevitable. A lot of those jobs are prolly being cut in MI. The Unions make it very tough.
That'* right. I guarantee that even without those people GM won't loose market share (can they really loose any more!! ). If anything, they'll gain a competitive edge with a reduction in fixed cost overhead.
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Old 06-07-2005, 10:39 PM   #6
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Quote:
Originally Posted by mista_sse
theres always two sides to a story, I think GM wants to take away benefits of the retired, something along those lines. Perhaps GM will be dropping more lines if this continues? plus they lose so much money compaired to Ford and other car companies because GM cars are the easiest to work on, (Perhaps F.O.R.D was a great idea all along for them)
GM should take away benefits of some of the retired, why should GM pay full health insurance costs on a guy who retired 15 years ago? No company can afford that these days.
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Old 06-07-2005, 10:57 PM   #7
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Quote:
Originally Posted by CFoote
Quote:
Originally Posted by mista_sse
theres always two sides to a story, I think GM wants to take away benefits of the retired, something along those lines. Perhaps GM will be dropping more lines if this continues? plus they lose so much money compaired to Ford and other car companies because GM cars are the easiest to work on, (Perhaps F.O.R.D was a great idea all along for them)
GM should take away benefits of some of the retired, why should GM pay full health insurance costs on a guy who retired 15 years ago? No company can afford that these days.
Because that'* the contract that was negotiated and agreed upon when those now retired folks work for GM.

Overdone? Yes, very much so.
Legal? Yes.
Must they uphold? Yes or else they'll have the U Ain't Work'n (sorry UAW) grievences left and right. Very bad PR.

All they can do now is "cut their losses" by trimming the fat and running a more lean operation.
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Old 06-07-2005, 11:48 PM   #8
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I heard that on the radio today, but I'm not freaking out for GM. They will be fine in the long run.
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Old 06-08-2005, 12:51 AM   #9
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Slipping (downspiraling, actually) market share.

Bad decisions.

More bad decisions.

Lack of innovation.

Astronomical costs due to unions.








Not surprised.
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Old 06-08-2005, 01:39 AM   #10
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yeah. they are desperate
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