New GM Cuts

[Marc]

GM hopes to revitalize business by eliminating 25,000
US jobs & closing some plants.................................


www.ecommercetimes.com/story/GclaAqEGe7Nsbd/General-Motors-Cutting-25000-US-Jobs.xhtml


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GM!!! BRING BACK OLDS!!!

[Letitroll98]

This one is big news all over the press. 25k jobs by 2008 (?) I think they said. This is a direct ploy to cower the union into concessions. And it gives GM a green light to deal as tough as they want to from now on.

[oldsauroraman1]

Great! It is long overdue to break the excessive greed of the unions. Starting pay over $30 per hour - TV on the assembly line and, a plethora of benefits piled from the earth to the moon. UAW has been a massive cancer on the US automakers for years. Without any doubt, UAW is destroying GM's ability to compete AND produce quality automobiles. Overpaid people like this are naturally careless about their performance. Proven time and again.