GM Slashing 25,000 jobs. Closing plants..T

YES, by 2008. This isn't really news as GM is always looking to 'slash; jobs.

At the annual meeting Evelyn Y. Davis told Lutz he "better get with it" and was maybe "too old for the job." GM has been a day late and a dollar short for decades. Wallstreet finally twisted their arms until they were forced to honor the fact that they ain't selling 30% of the cars no more no more. So they are acting to cut the capacity down somewhat. But by the time they cut the capacity down to 25%, they may no longer have 21% market share and could still be over capacity. Lutz is just dying to get his new SUV's out there. That will save them. And how come Wagoner never seems to take any heat for the portion of the demise under his watch? PS. I was not sure whether to laugh or cry when I bought some aviation cable Saturday. The spool said, "Not for use on aviation controls." MADE IN CHINA.

Interesting that GM would make a press release on the topic if it weren't news. Hint, it IS news (by definition) since is in the press everywhere. Most analysts though believe that a majority of these numbers will come from normal attrition.

All of the checks and balances have already been done.

The DOJ and all of the other "big brother" agencies gave their blessings for the Lenovo sale.

Well anything concerning GM is news but OTOH any time jobs are cut through attrition it's not really news just jabber talk. Heck I was one of those whose job was lost to attrition and proud of it.

11,315 days with GM was enough. Now I do what I want. NOYK in Central Florida

Nah. GM is bloated. Pontiac, Chevrolet, Buick, GM, GMC, Cadillac, Daewoo, Saab...

They own so many brands and logos with so much overlap that they could chop 1/3 of their entire line and nobody would really notice.

And 1/3 is about what they are in the hole. So getting leaner is exactly what they need to do to survive.

Next time there is an opening on the GM board I'll nominate you.

Why is it Ok for consumers to go off shore and not OK for the manufactures to do likewise? As long as American consumers choose to buy imported products, to save a few dollars, corporation will need to go off shore as well to save money. If you want jobs to remain in the US, buy products made in the US, WBMA. The loss of jobs in the US lies solely with the consumer and their greed. If consumers did not buy imports, stores would not stock imports.

mike hunt

Dana wrote:

Same here - check the sig.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Retired Shop Rat: 14,647 days in a GM plant. Now I can do what I like; Large Format Photography

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Most of the time there is no choice. It seems like every thing is made in China. The low prices of Chinese goods are the only thing that are keeping inflation down and many families from going into poverty. The Chinese money is undervalued compared to the dollar. there is a push to correct that. When that happens- no more cheap products and this country will be in trouble. Add to that the fact that Chinese workers are demanding better wages.

Look at the label if it is not made in the US, don't buy it period, if you expect there to be manufacturing jobs in the US for your children and grand children. That is what I do.

When it comes to vehicles, look at the VIN and the content label. If is actually made in the US of mostly American parts it will start with the number '1' and the content will be at least

75% American parts. Personally I prefer the vehicles made in the US by an American, federal tax paying corporation, like GM or Ford with a number '1.'

People are free to spend there money where they wish but I will not even consider a vehicle that is only assembled in the US, of mostly foreign parts, by a foreign corporation that pays no US federal corporate income taxes like a Camry which costs far more to drive home than its domestic competitors vehicles of similarly size and with similarly equipment

mike hunt

Scott Buchanan wrote:

Its getting hard to find American made items. Even going to the hardware store and buying raw materials, lumber, screws and such they are all made in China or the lumber is imported from somewhere. Now companies such as Toyota can assemble things here and call is made in America so you can't even go by the label.

Yes you can look at the VIN and content label. ONLY those vehicles with a '1' as the first numbed of the VIN are made in the US of mostly American parts. The only Toyota with a '1' are those made in the GM/Toyota plant in California. The UAW contract requires the part be primary American. ALL the rest are a 'J,' made in Japan, '2' made in Canada or a '4' or '5,' only assembled in the US of mostly imported parts. If you can't find American made products in a store ask the manager to show you the item you want, but it must be American made. If they don't carry American made products let him know you prefer American made products and walk out of the store. They are you children jobs you will be saving.

mike hunt

Eugene N>

that is probably true, but the majority of parts are made in the US. That is better than a Tundra where most of the parts are made in China and ALL of the profit go to Japan. Use you head shop smartly, the Japanese do. They buy products mad in Japan whoever possible

mike hunt

mike wrote:

Btw, this plant is about 70-80% GM vehicles now. It contributes

2 billion to the U.S. economy a year. Check the UAW website for makes and models made in the U.S.

Because people are buying Imports - Soon their will be NO MORE GOOD JOBS IN CORPORATE AMERICA. GET READY EVERYONE TO WORK AT WENDY'S and WALMART. Another 1929 GREAT DEPRESSION IS COMING !!!!!! You may Laugh but its TRUE !!!. The USA and its Citizens Better get on the BALL and Start Making & Buying American goods again !!!! Brian - Las Vegas , NV

Fourteen thousand six hundred and forty seven days ??

If I divide that out by a worst-case number;

14,647 days (divided by) 240 work-days in a year = 61 years !

If you had started at age 16, .... you worked 'til age 76 ???

Maybe you'd better check your time sheets.....