GM has been scaling back production and employment due to lower U.S. sales. In November, GM said it was eliminating the third shift at the nearby Landsing Grand River plant, as well as at the Lordstown Ohio Plant. Those layoffs, which were the first U.S. job cuts announced by GM since 2010, took place in late January. There are currently 3,144 workers at the Lansing plant. The workers who are keeping their jobs are pretty safe. The four rounds of layoffs will cut a total of 4,400 jobs. The company employed 105,000 as of the end of last year. However, GM still has more U.S. employees now than it did in 2015, when it employed 97,000 workers.
I think every business should do their best to keep people in jobs because the unemployment rate goes down as well as poverty. I don't agree with GM's decision to layoff workers. Even though they still employ more than the 2015 year, it's still a shame to see people out of work.
http://money.cnn.com/2017/03/06/news/companies/gm-layoffs/index.html
This is similar to New Deal acts during the Great Depression!
ReplyDeleteThis really made me think about conditions around the time of the great depression and how mass unemployment spread the country.
ReplyDeleteWow ,who would of thought about this being so similar to evens and conditions during the Great Depression and new deal.
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