By Free Republic | Created at 2024-11-15 15:21:19 | Updated at 2024-11-15 17:53:41
2 hours ago
General Motors Lays Off 1,000 Workers, Says Cost Cutting Needed to Remain Competitive
Breitbart ^ | 11/15/2024 | Simon Kent
Posted on 11/15/2024 7:19:21 AM PST by ChicagoConservative27
General Motors (GM) announced Friday it is is laying off some 1,000 workers worldwide, cutting costs as it tries to compete in a crowded global automobile market.
The GM workers impacted, mostly white collar, were told early in the morning as they prepared for the weekend. The company confirmed the layoffs in a statement but gave few details, AP reports.
The move comes on the back of a recent GM recall for 450,000 vehicles due to a fault in the braking system.
“We need to optimize for speed and excellence,” the statement said. “This includes operating with efficiency, ensuring we have the right team structure and focusing on our top priorities.”
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: competitive; cost; cutting; generalmotors; layoffs
Dear FRiends, Please use this temporary link to donate by credit card via Authorize.Net:
Or click here to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Hopefully, we'll have our normal CC system up and running again soon. Thank you very much for your loyal support!
Government motors sucks. Laying off lazy union employees
To: ChicagoConservative27
“mostly white collar” workers are getting laid off.
So much for white privilege!
2 posted on 11/15/2024 7:21:09 AM PST by ProtectOurFreedom (Republicans are the party that says ‘Government doesn’t work.’ Then they get elected and prove it.)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
