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GM to cut 30,000 jobs
Reuters, Bloomberg
| 21 Nov, 2005
| Self
Posted on 11/21/2005 5:34:36 AM PST by 12B
Breaking on Bloomberg and Reuters. GM will cut 30,000 jobs in massive restructuring. More....
TOPICS: Breaking News; Business/Economy
KEYWORDS: automakers; autoworkers; corporatewhores; generalmotors; gm; layoffs; uaw
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1
posted on
11/21/2005 5:34:37 AM PST
by
12B
To: 12B
All those great benefits they negotiated have come back to bite the union right in the arse. You can't live in OZ forever.
To: 12B
They should rephrase it..as, "we are cutting out BUICK.."
3
posted on
11/21/2005 5:37:02 AM PST
by
ken5050
(Ann Coulter needs to have children ASAP to pass on her gene pool....any volunteers?)
To: 12B
Will close 12 facilities determined by plant age.
4
posted on
11/21/2005 5:37:24 AM PST
by
12B
To: 12B
The UAW ain't gonna like this.
To: 12B
Sad. But necessary considering GM isn't in the Auto manufacturing business anymore..........Health care is their new business.......
6
posted on
11/21/2005 5:37:49 AM PST
by
Red Badger
(United States Marine Corps, Saving France's Bacon Since 1775.............)
To: 12B
Well at least the union retirees still have a job.
7
posted on
11/21/2005 5:38:36 AM PST
by
Toespi
To: 12B
Aanyone heard if the Arlington TX plant will be shut down?
They do build some of the larger vehicles there.
8
posted on
11/21/2005 5:42:18 AM PST
by
nralife
To: 12B
Employees at GM make 3 times as much as I do doing the same job. I'm afraid "cradle to grave" is dead.
9
posted on
11/21/2005 5:43:51 AM PST
by
Dallas59
(“You love life, while we love death.” - Al-Qaeda / Democratic Party)
To: Dallas59
"cradle to grave"
Will the UAW suggest we follow the FRENCH business model?
10
posted on
11/21/2005 5:46:10 AM PST
by
litehaus
To: 12B
As they say... you can thank a union!
11
posted on
11/21/2005 5:46:50 AM PST
by
Jhensy
To: conservativecorner
"You can't live in OZ forever."
When I was 'down sized' from IBM in 92' I would have gladly taken a pay cut or reduction in benefits. However it's always the people that have to go.
12
posted on
11/21/2005 5:48:24 AM PST
by
duckman
(I refuse to use a tag line...I mean it.)
To: 12B
To get some idea of the magnitude of this cut, consider that only a few companies in America even have 30,000 employees.
Comment #14 Removed by Moderator
To: litehaus
Let our Muslims burn the competitions cars?
15
posted on
11/21/2005 5:52:02 AM PST
by
Dallas59
(“You love life, while we love death.” - Al-Qaeda / Democratic Party)
To: conservativecorner
All those great benefits they negotiated have come back to bite the union right in the arse.But not the union leaders. They've got a golden parachute, to put it mildly.
16
posted on
11/21/2005 5:52:45 AM PST
by
yankeedame
("Oh, I can take it but I'd much rather dish it out.")
To: 12B
The health & pension company is finally cutting back on its automobile hobby.
17
posted on
11/21/2005 5:52:54 AM PST
by
NonValueAdded
("To the terrorists, the media is a vital force multiplier" Brig. Gen. Donald Alston (USAF) 10/31/05)
To: ken5050
They do need better cars.
To: Jhensy
As they say... you can thank a union! Oh, come on! You know whose fault this REALLY is! I'm surprised it hasn't been mentioned it yet. Are Freepers who blame "you know who" getting banned now because the joke is so old?
19
posted on
11/21/2005 5:53:06 AM PST
by
cantfindagoodscreenname
(Is it OK to steal tag lines from tee-shirts and bumper stickers?)
To: cantfindagoodscreenname; All
Let me be this the first: Bush's Fault.. Even though GM had problems way before Bush was in office.
20
posted on
11/21/2005 5:54:08 AM PST
by
KevinDavis
(http://www.cafepress.com/spacefuture)
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