GM to Close Nine Plants, Cut 30,000 Jobs
Written by: News Wire
Detroit, Mich. – 11/21/2005
General Motors will eliminate 30,000 manufacturing jobs and close nine North American assembly, stamping and powertrain plants by 2008, as part of its four-point plan to reduce costs.
The announcement Monday by Rick Wagoner, chairman and CEO of the world’s largest automaker, represents 5,000 more job cuts than the 25,000 that GM had previously indicated it planned to cut.
GM said the plants that will close are in Oklahoma City, Lansing, Mich., Spring Hill, Tenn., Doraville, Ga., and Ontario, Canada.
Wagoner said GM also will close three service and parts operations facilities.
“The decisions we are announcing today were very difficult to reach because of their impact on our employees and the communities where we live and work,” Wagoner said. “But these actions are necessary for GM to get its costs in line with our major global competitors. In short, they are an essential part f our plan to return our North American operations to profitability as soon as possible.”
Yeah unions are ruining a lot of companies. GM, Delphi, smaller ones that most people wouldn’t know.
I really don’t think unions are needed in this day and age. Back in the industrial revolution when people were being taken advantage of, it was a great idea. But now they are uber powerful and corrupt. Its ridiculous that a guy working on an assembly line with minimal education can make $80,000 a year where as most college educated people go into jobs making an average of $30,000-$35,000 (in Buffalo anyway)
That is the biggest problem, their corruption. Unions can be good for the American worker in this day and age, but they are to beuracratic for their own good. Big business wants to take advantage of all their employees. Who is going to stand up for the average man? There has been a great smeer campaign going on against unions, but they (unions) are also shooting themselves in their collective feet. A sleek well run union would be a good thing, but the top union brass doesn’t care about the little guy, and neither does big business, so they are screwed either way.
unions don’t let capitolists get as rich. GM would be much better in a socialist economy w/o unions, no overpowering capitolists, and no overpaid unskilled labor