in an effort to correct years of poor management and executive decisions, 25,000 employees will be let go. In addition, they are going to start to order more of their supplies from offshore operations.
This is not unexpected, since gas is now stuck at $2.00 a gallon, those Hummers and suburban just aren't as attractive to some buyers, despite the tax breaks.
But, to the workers of GM, I say have faith, Wal-Mart is always hiring.
I do have to ask, in a few years, will the new Wal-mart based American workforce be able to afford any GM product?
4 comments:
Ford will do the same real soon.
This is just part of the economic cycle. Production cost have to be addressed. Once the unions are closed down labor cost will come down, and production can come back
And not to worry - they can still get the employee discount up until July 5!
Tim.
Good point
Post a Comment