Thread regarding General Motors layoffs

GM Layoffs - Daily Media Coverage Summary (25 Sources) [as of 8PM EDT 11/16/2018]

Daily Media Summary (25 Sources)


Wall Street Journal

GM’s Plan to Cut Jobs and Plants Draws Fire

Trump presses GM CEO to stop producing in China and quickly replace Ohio factory tagged for closure

Source Link: https://www.wsj.com/articles/gm-says-it-will-cut-15-of-salaried-workforce-in-north-america-1543246232

Alternate Link: https://outline.com/MRWrKW


Wall Street Journal

GM Closings a Fresh Sign of Worry for Economy

WSJ ERIC MORATH NOVEMBER 26, 2018

Alternate Link: https://outline.com/BaKmva

Source Link: https://www.wsj.com/articles/gm-closings-a-fresh-sign-of-worry-for-economy-1543271097


CNN

GM is reinventing itself. It's cutting 15% of its salaried workers and shutting 5 plants in North America

https://www.cnn.com/2018/11/26/business/gm-oshawa-plant/index.html


New York Times

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

By Neal E. Boudette Nov. 26, 2018

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

Alternate Link: https://outline.com/ss7cbx


New York Times

GM Plans Major Announcement on Global Operations Monday: Canada Union

Source Link: https://www.nytimes.com/reuters/2018/11/26/business/26reuters-gm-globaloperations.html

Alternate Link: https://outline.com/YGX2tg


Breitbart

General Motors Says Factory Closings and Restructuring Will Cost 14,700 Jobs

https://www.breitbart.com/economy/2018/11/26/generalmotorsjobs/


Breitbart

Watch: Six Years Ago Obama Promised to Buy a Chevy Volt. Now It Is Dead

https://www.breitbart.com/economy/2018/11/26/watch-six-years-ago-obama-promised-to-buy-a-chevy-volt-now-it-is-dead/


Breitbart

GM Closing Five Plants in North America as Consumers Turn Against Cars

https://www.breitbart.com/economy/2018/11/26/generalmotors/


Detroit News

Salaried-worker layoffs will cut deep at GM

https://www.detroitnews.com/story/business/autos/general-motors/2018/11/26/gm-needs-lay-off-nearly-6-000-salaried-workers/2115695002/


NBC News

Ross Barkan General Motors, Sears and Toys R Us: Layoffs across America highlight our shredding financial safety net

https://www.nbcnews.com/think/opinion/general-motors-sears-toy-r-us-layoffs-across-america-highlight-ncna940166


Washington Post

GM layoffs are another victory for capital over labor

https://www.washingtonpost.com/business/2018/11/26/gm-layoffs-are-another-victory-capital-over-labor/?utm_term=.1164d1973e39


Washington Post

GM to lay off up to 14K workers, close as many as 5 plants

https://www.washingtonpost.com/business/gm-to-close-canadian-plant-but-thats-just-the-beginning/2018/11/26/8cf8f15a-f17f-11e8-99c2-cfca6fcf610c_story.html?utm_term=.809fb3dacbb2


Fox Business

GM CEO Barra, Larry Kudlow to meet after layoffs announcement

https://www.foxbusiness.com/business-leaders/gm-ceo-barra-larry-kudlow-to-meet-after-layoffs-announcement


Fox News 8

President Trump has harsh remarks for GM over layoffs

https://fox8.com/2018/11/26/president-trump-has-harsh-remarks-for-gm-over-layoffs/


Fox Business

GM slashing 15% of N. American salaried workers, discontinuing several vehicle models

https://www.foxbusiness.com/markets/gm-slashing-15-of-n-american-jobs-discontinuing-several-vehicle-models


Fox News 59 Detroit

General Motors to lay off 14,700 workers in North America

https://fox59.com/2018/11/26/general-motors-to-lay-off-14700-workers-in-north-america/


CNBC

GM to halt production at several plants, cut more than 14,000 jobs

https://www.cnbc.com/2018/11/26/gm-unallocating-several-plants-in-2019-to-take-3-billion-to-3point8-billion-charge-in-future-quarters.html


Daily Wire

General Motors Says It Plans To Cut Production, Close Plants, Lay Off Workers

https://www.dailywire.com/news/38711/general-motors-says-it-plans-cut-production-close-emily-zanotti


NY Daily News

General Motors is cutting back salaried labor and considering closing 5 North American plants

https://www.nydailynews.com/autos/news/general-motors-gm-could-close-north-american-factories-article-1.4044710



International Coverage:


BBC (UK)

Trump: 'I was very tough' on GM over job cuts

https://www.bbc.com/news/av/world-us-canada-46324404/trump-i-was-very-tough-on-gm-over-job-cuts


Le Monde (France)

General Motors va réduire le nombre de ses employés de 15 %

https://www.lemonde.fr/emploi/article/2018/11/26/general-motors-va-reduire-le-nombre-de-ses-employes-de-15_5388920_1698637.html


London Times (UK)

Trump hits out at General Motors over job cuts in US

Source Link: https://www.thetimes.co.uk/article/trump-hits-out-at-general-motors-over-job-cuts-in-us-vzpl75d7m

Alternate Link: http://outline.com/TcSb23


Globe and Mail (Canada)

Trump 'not happy' about GM North America layoffs

https://www.theglobeandmail.com/business/video-trump-not-happy-about-gm-north-america-layoffs/


Xinhua (China)

GM to shut down 5 North American plants amid strategic transformation

http://www.xinhuanet.com/english/2018-11/27/c_137633031.htm


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| 1436 views | | 3 replies (last ) | Reply
Post ID: @OP+WlxcInv

3 replies (most recent on top)

Good summary - day 1... Today, there will be laments and analysis.

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Post ID: @1tjw+WlxcInv

It is absolutely no surprise to me working in the auto industry for over 3 decades that GM has over-hired in the last 10 years after tax payer bailout and with 20% pay raises for people jumping from other auto companies. Low level executive employees getting free vehicles to drive daily, free gas and unlimited work-from-home liberty.....karma comes back...time to trim...

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Post ID: @bes+WlxcInv

tx op

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Post ID: @drc+WlxcInv

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