Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 18 submissions in the queue.

Submission Preview

Link to Story

General Motors to Lay Off 2,000 Employees in Ohio and Michigan

Accepted submission by Phoenix666 at 2016-11-10 20:43:10
Business

General Motors [fortune.com] plans to lay off 2,000 employees at two U.S. auto plants in early 2017 [fortune.com], 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 [fortune.com], whose sales were down 17% through October.


Original Submission