I have watch many big comanis go bust.
If they continue a long time after they should have stopped the
situation gets ever worse.
The people employed in and around a falling plant get the brunt of the
If the death process is long the people who can leave and get jobs
elsewhere leave and that makes the situation worse.
If the closing happens before the all the best people have left then
new companies start right away and the whole place will be better off.
There are a number of cases that can be studied for both cases.
The situation is by far worst when the plant is basically the only
thing holding the town together.
In theory the unions try to keep this from happening.
In practice the unions are negotiating for all the plants and they
sacrifice easily one plant to maintain some life in others.
The unions are great for employees in a growing company but they
become deadly for companies on their way down.
You might think that the unions are trying their best to do what they
can for the employees.
Unfortunately that is not so.
The unions try to keep the company a life for as long as possible and
will sacrifice plants and employees along the way.
It is a misguided thinking and countless examples tell us that the
actions should be quick and to the point rather than longwinding and
As I see it GM should go straight into chapter 11 now and try to save
the mostprofitable parts of the business and close down the rest.
If they do not they will be forcedinto chapter 7 closure soon and that
will be a disaster.
Also doing nothing will be a much worse option for everyone.
One option is to close all NA operations now and concentrate on
Possibly start up some operations later in NA again.
Whatever happens will be interesting just for the mere fact of the
size of the company involved.
My guess is he lives in some never-heard-of country, has no job, definitely
no car, and nothing better to do then Troll newsgroups. So many people
think that GM only employs the line workers. That isn't the case. GM
employs many many people from the parts suppliers, to the people who make
the carpets. You know, I have no problem if someone doesn't like GM, or any
other company. What I don't like is someone who wishes for a company to go
under. If you don't like the company, why not just move on with your life
and leave the rest of us alone? That is something "Gosi" doesn't seem to be
able to figure out.
Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here.
All logos and trade names are the property of their respective owners.