6,000 workers took offers, but automaker needed about 13,500 total
DETROIT - General Motors Corp. said Monday about 6,000 blue-collar workers have taken the latest round of early retirement and buyout offers. But that is apparently not enough to prevent thousands of layoffs.
GM now has about 54,000 factory workers and wants to end the year with 40,500, a cut of about 13,500. That means the offers fell about 7,500 short of the company's goal.
The automaker announced in June that it would close 15 factories employing 22,000 workers by the end of 2012.
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They are doomed, its just a matter of time now.
ReplyDeleteThe best part about it is that Ford made it without all of this "assistance." Chevy is done-and all because of stupid moves! Because of Ford's willingness to get through this mess on its own, I will be a lot more like to consider a Ford as a possible future vehicle-Chevy....not a chance!
ReplyDeleteThe only way we can help the rich stock holders of GM (and the banks) is to lay off some employees. Some how we must find a way for these companies to "return to profitability".
ReplyDeleteProfits are the goal. Nobody cares about the people