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General Motors plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.
GM's Lordstown, Ohio and Lansing, Michigan plants build slow-selling cars sold by Chevrolet and Cadillac. GM said it will furlough the employees when it cuts the third shift at both plants in January.
GM says the furlough is a response to what the company believes will be a continued shift from cars to crossovers and trucks. The Lordstown plant builds the compact Chevrolet Cruze, whose U.S. sales through October were down 20%. The Lansing Grand River plant builds the Cadillac ATS and CTS, whose sales were down 17% through October.
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General Motors to Lay Off 2,000 Employees in Ohio and Michigan
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
F.S. Fitzgerald to Hemingway:
"Ernest, the rich are different from us."
Hemingway:
"Yes. They have more money."
(Score: 1, Interesting) by Anonymous Coward on Saturday November 12 2016, @11:47AM
Smart move.
I'm absolutely certain that the next government is going to shovel money at ostensibly "US" businesses to bring the jerbs back to America. Start failing now and wait for the success to come with the new administration.
(Score: 3, Funny) by driverless on Sunday November 13 2016, @02:30AM
It's OK, Fuehrer Trump will reverse all this when he comes into power.