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GM plans massive layoffs in USA, Canada
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In Memoriam   Location: Mukilteoish Joined: Sat Mar 26, 2011 Posts: 11589 
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Where will all these trucks and SUV's be made? Could it be MEXICO?
https://www.cnbc.com/2018/11/26/gm-unal ... rters.html General Motors said Monday it plans to dramatically cut production at a number of plants in the U.S. and Canada next year and reduce its salaried workforce by 15 percent in a massive restructuring that will cost up to $3.8 billion. The automaker plans to reduce its salaried workforce by 15 percent, reducing its executive staff by 25 percent. It is part of a massive restructuring that will cost up to $3.8 billion. The UAW responds by vowing to use "every legal, contractual and collective bargaining avenue" to fight the changes. _________________ NRA Endowment Member. How did they know my member was well endowed? |
| Mon Nov 26, 2018 10:35 am |
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Site Supporter  Joined: Sat Aug 11, 2012 Posts: 7649
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Fuck GM if they move these jobs elsewhere.
_________________ If you vote for Biden you are voting to be murdered when he sends Beto to come take your "semi automatic assault weapon" (any semi auto). If you have family or friends voting for Biden show them this and ask if they are willing to vote for your murder or maybe even their own if they are gun owners or live with any. https://nypost.com/2020/03/03/joe-biden ... n-control/ Quote: “I want to make something clear, I’m going to guarantee you this is not the last you’ve seen of him (Beto),” Biden said Monday evening during a campaign rally in Dallas. “You’re (Beto) going to take care of the gun problem with me. You’re (Beto) going to be the one who leads this effort.” https://www.newsweek.com/beto-orourke-g ... ns-1465738 Quote: [Beto O'Rourke Suggests Police Would 'Visit' Homes To Implement Proposed Assault Weapons Ban] "In that case, I think that there would be a visit by law enforcement to recover that firearm... ..."If someone does not turn in an AR-15 or an AK-47, one of these weapons of war...then that weapon will be taken from them" |
| Mon Nov 26, 2018 12:00 pm |
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Site Supporter  Location: Bonney Lake Joined: Fri Oct 21, 2011 Posts: 3321
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Quote: The affected plants and the vehicles they make are: Detroit-Hamtramck and Oshawa make the Chevy Impala. Detroit-Hamtramck is the sole producer of the Cadillac CT6, Chevy Volt, and Buick LaCrosse. Lordstown makes the Chevy Cruze sedan. Oshawa is the only plant that builds the Cadillac XTS sedan. The move by General Motors follows similar shifts by Fiat-Chrylser and Ford. U.S. automakers are shifting production away from sedans and smaller vehicles in favor of cross-over SUVs and trucks, reflecting the preferences of U.S. buyers. In recent years, consumers purchases have increasingly been concentrated in the larger vehicle market. https://www.breitbart.com/economy/2018/11/26/generalmotors/ |
| Mon Nov 26, 2018 12:07 pm |
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Site Supporter Location: Bonney Lake Joined: Fri Oct 21, 2011 Posts: 3321
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| Mon Nov 26, 2018 1:48 pm |
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 Location: On your six Joined: Fri Feb 23, 2018 Posts: 873
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This election was a real blow to the economy, which actually for the first time in 18 years was starting to roll again. These leftist termites and never Trumpers are destroying every good thing that was happening
_________________ Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. - William Pitt the Younger |
| Mon Nov 26, 2018 3:50 pm |
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Location: North Seattle Joined: Sat Nov 26, 2011 Posts: 604 Real Name: Paul
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That's what happens when you have people in power who don't really care about outsourcing and moving factories abroad. Not surprising when the commander in outsourcing has his suits and ties made overseas.
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| Mon Nov 26, 2018 6:22 pm |
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Site Supporter  Location: Kentucky Joined: Fri Jan 16, 2015 Posts: 11574
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Lots of facets to this
When the economy is doing well people buy bigger vehicles. This plant made the Cruz, a small car that competes with a plethora of import cars Unions still don't seem to understand that labor is a commodity. The market doesn't care how much it costs you to live, it cares how much it costs to bring a product to market The factory is not shut down. It's an asset that they will bring online again. They just have to retool for a product that has more appeal _________________ You may be right, I may be crazy, but it just may be a lunatic you're looking for |
| Mon Nov 26, 2018 6:58 pm |
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Site Supporter Location: Bonney Lake Joined: Fri Oct 21, 2011 Posts: 3321
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maybe GM should bring whatever they make in Messiko back up to the states?
I'm sure Trump can make them a deal. He loves dealin'  |
| Mon Nov 26, 2018 7:26 pm |
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Site Supporter  Location: Chesco, PA Joined: Thu Aug 23, 2012 Posts: 5937 Real Name: Herbert the Pervert
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GM would be better off going out of business. They make shit quality vehicles.
_________________ Tito Ortiz wrote: I train 6 days a week. 5 days a week I’ll train 3 days a week. One of those days I will train 2 days of the week. So 6 days a week I will train. |
| Tue Nov 27, 2018 9:07 am |
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In Memoriam Joined: Wed Mar 6, 2013 Posts: 12018
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I haven't seen any indication that GM plans on moving production elsewhere... Did I miss that?
If GM is doing this because those workers are not generating a profit for the company, aren't they doing exactly what they should do? |
| Tue Nov 27, 2018 9:36 am |
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Site Supporter  Location: Shelton Joined: Sun Nov 17, 2013 Posts: 5860
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I didn't see production moving, just stopping.
They're stopping production of a number of shitty cars that no one is buying. |
| Tue Nov 27, 2018 10:57 am |
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Site Supporter Location: Bonney Lake Joined: Fri Oct 21, 2011 Posts: 3321
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Quote: President Donald Trump ripped General Motors CEO Mary Barra for closing car plants in Ohio, Michigan, and Maryland, threatening their government subsidies. “Nothing being closed in Mexico & China,” Trump wrote on Twitter. “The U.S. saved General Motors, and this is the THANKS we get!” Trump said he would discuss cutting subsidies for General Motors in response to the news. “We are now looking at cutting all General Motors subsidies, including for electric cars,” he wrote. The news sent General Motors stock shares into a tailspin, despite earning as much as five percent in trading after the closures were announced on Monday. Trump scolded General Motors for investing in China and Mexico rather than the United States. “General Motors made a big China bet years ago when they built plants there (and in Mexico) – don’t think that bet is going to pay off,” he wrote. “I am here to protect America’s Workers!” White House economic adviser Larry Kudlow explained to reporters on Tuesday that Trump and Canadian Prime Minister Justin Trudeau were “disappointed” in the decision — despite the new USMCA trade deal that was reached. https://www.breitbart.com/politics/2018/11/27/donald-trump-threatens-subsidies-for-general-motors-after-closing-u-s-plants/ |
| Tue Nov 27, 2018 3:26 pm |
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 Location: Vaughn Joined: Tue Mar 19, 2013 Posts: 1951
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Rix86 wrote: I didn't see production moving, just stopping. They're stopping production of a number of shitty cars that no one is buying. Exactly, they are cutting production of a number of ghetto hood rat vehicles like the Impala, XTS, etc |
| Tue Nov 27, 2018 3:59 pm |
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Site Supporter Location: Free At last in NC! Joined: Wed Nov 28, 2012 Posts: 742
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Actually, they are freeing up cash to try to restructure the company. They will have billions to move into the self driving craze. Personally, I don't get it.
The car companies, and current ride sharing services like Uber, think you will stop buying cars and will instead just summon a service to take you anywhere you want to go. You'll pay with a subscription or by the mile, making far more money for the car owner while supposedly (!) saving you cash. Ford is also looking to free up cash to make the necessary investments to be ready in 10-20 years, and may even do a venture with Volkswagen. Last edited by rodell on Wed Nov 28, 2018 11:08 am, edited 1 time in total. |
| Wed Nov 28, 2018 4:27 am |
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Site Supporter  Location: Apple Country! Joined: Thu Apr 12, 2012 Posts: 4575 Real Name: J
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PMB wrote: I haven't seen any indication that GM plans on moving production elsewhere... Did I miss that? If GM is doing this because those workers are not generating a profit for the company, aren't they doing exactly what they should do? Depends on where the wind is currently blowing. If its politically fesable, you rant and rave that they are exporting jobs. If you are currently pandering WELL YA GOTTA MAKE A BUCK, they are doing the right thing. _________________ "Guns are dangerous." -Massivedesign |
| Wed Nov 28, 2018 10:30 am |
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