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11/27/2018 5:59 am  #1


GM to Lay off Thousands

G.M. to Idle Plants and Cut Thousands of Jobs as Sales Slow

General Motors announced Monday that it planned to idle five factories in North America and cut roughly 14,000 jobs in a bid to trim costs. It was a jarring reflection of the auto industry’s adjustment to changing consumer tastes and sluggish sales.

The move, which follows job reductions by Ford Motor Company, further pares the work force in a sector that President Trump had promised to bolster. Referring to G.M.’s chief executive, Mary T. Barra, he told reporters, “I spoke to her and I stressed the fact that I am not happy with what she did.”

Mr. Trump also invoked the rescue of G.M. after its bankruptcy filing almost a decade ago. “You know, the United States saved General Motors,” he told reporters, “and for her to take that company out of Ohio is not good. I think she’s going to put something back in soon.”

https://www.nytimes.com/2018/11/26/business/general-motors-cutbacks.html


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

11/27/2018 1:01 pm  #2


Re: GM to Lay off Thousands

The Trump economy is arriving with a THUD ! 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

11/28/2018 5:53 am  #3


Re: GM to Lay off Thousands

https://scontent-ort2-1.xx.fbcdn.net/v/t1.0-9/46950761_1924760334246557_197140167117504512_n.jpg?_nc_cat=1&_nc_ht=scontent-ort2-1.xx&oh=2452ef6ccdb13140fd6f593dd81d676e&oe=5C727506


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
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