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General Motors lays off 180 workers at Flint Truck Assembly

Friday, September 4th, 2009

The closing of General Motors‘ Pontiac Assembly Center is about to cost up to 180 Flint truck builders their jobs.

GM confirmed Thursday that up to 180 employees at Flint Truck Assembly Plant will be displaced by Pontiac workers with enough seniority to bump them from their jobs.

Source: MLive.com

GM May Need More U.S. Job Cuts as Buyouts Fall Short

Monday, August 3rd, 2009

General Motors Co. may have to cut more U.S. hourly jobs after an offer of buyouts and early retirements fell about 7,500 workers short of the reorganized automaker’s target.

The possibility of layoffs was disclosed today by Sherrie Childers Arb, a spokeswoman, in an interview after GM announced that more than 6,000 United Auto Workers members, or 11 percent of the hourly workforce, left the company on Aug. 1.

Source: Bloomberg

Chrysler, GM Set to Close Truck Plants as Sales Fall

Wednesday, June 24th, 2009

Chrysler Group LLC will shut a Dodge Ram pickup factory in Missouri on July 10 while General Motors Corp. will close a sport-utility vehicle plant by 2012 as they shrink operations under U.S.-backed restructuring plans.

Source: Bloomberg

General Motors offers retirement incentives to cut 4,000 more white-collar jobs

Wednesday, June 24th, 2009

About 4,000 more salaried workers at General Motors Corp. will lose their jobs by the end of the year as the automaker continues to downsize.

Source: StarTribune, AP

~News submitted by upthecreek

Fiat-Opel Deal Would Have Less Than 10,000 Job Cuts

Friday, May 22nd, 2009

Fiat SpA (F.MI) said Friday its offer for General Motors‘ (GM) Adam Opel AG unit would result in less than 10,000 job cuts, meaning the reduction of workers is similar to that of its main challenger, Magna International Inc.

Source: CNNMoney

GM Layoffs will Boost Unemployment Through the Roof

Thursday, May 14th, 2009

According to TheEconomicPopulist blog: “[..]The labor force in Michigan is 4.84 million. Unemployment is currently at 12.6%. 609,000 are currently out of work, that will increase to 1,698,000. Leaving an eye-popping unemployment rate of 35.1% [..]”

~News submitted by upthecreek

GM, Chrysler to cut up to 3,000 dealers

Wednesday, May 13th, 2009

General Motors Corp (GM.N) and Chrysler aim to drop as many as 3,000 U.S. dealers and are expected to begin sending notifications as early as Thursday.

Source: Reuters

General Motors Said to Prepare for New Salaried Cuts

Thursday, May 7th, 2009

General Motors Corp., already intending to slash salaried jobs by 14 percent globally, is planning a new set of cuts this month that may be similar in severity in some units.

GM has said it will shed 7,000 more union jobs next year than originally planned and close an additional two factories as part of a plan to try to avoid bankruptcy and gain an additional $11.6 billion in U.S. aid.

Source: Bloomberg

GM Plans Layoffs of 1,600 Over Next Few Days

Monday, April 20th, 2009

General Motors plans to lay off about 1,600 white-collar workers over the next few days, as the auto giant speeds its cost cutting to qualify for additional federal loans.

Source: The Washington Post

GM: 12 percent workers taking buyouts

Thursday, March 26th, 2009

General Motors Corp. said Thursday that 195 union workers at its Shreveport assembly plant accepted a buyout from the financially troubled auto giant.

The workers are among 7,500 workers nationwide who decided to take the deal, GM said. That represents about 12 percent of GM’s hourly work force represented by the United Auto Workers.

GM offered $20,000 cash and a $25,000 voucher to buy a car to all of its 62,400 hourly U.S. employees as part of an effort to further trim its blue-collar payroll.

Source: AP, Forbes

GM To Cut Another 10,000 Salaried Jobs This Year

Tuesday, February 10th, 2009

According to CNNMoney: “General Motors Corp. (GM) will cut 10,000 jobs worldwide, or 14% of its salaried work force, as downsizing underway for years in the U.S. spreads around the globe.”

“Some 3,400 U.S. workers, or 12% of GM’s U.S. salaried work force, will be shed as part of the reduction. Most of those remaining will see a 3% to 7% pay cut on that date through year-end, while executives will get a 10% reduction.”

~News submitted by upthecreek

GM may cut thousands of salaried workers

Sunday, February 8th, 2009

According to Bloomberg, Reuters: “General Motors Corp. (GM.N) is developing a plan to fire up to 5,000 salaried employees as it tries to cut costs by a March 31 deadline to keep $13.4 billion in U.S. government aid. The total could match the number of salaried positions GM slashed in 2008. The company will include the plan in a Feb. 17 progress report to the U.S. government”

GM to cut 2nd shift at Lordstown plant

Saturday, January 24th, 2009

General Motors Corp. plans to cut one of the two remaining shifts at its plant in Lordstown, Ohio, in April, a person briefed on the plans said Friday. The person, who asked not to be identified because the plans have not been finalized, said workers have been told some of them will be indefinitely laid off, and an official announcement could come as soon as Monday.

Production cuts at Lordstown likely are a sign that further cuts could be coming at other GM factories, since Lordstown stamps parts for and assembles the Chevrolet Cobalt and Pontiac G5, two of GM’s least expensive and most fuel-efficient vehicles that have sold well in the down economy.

Source: The Canadian Press

Chrysler shuts down all production for at least a month

Wednesday, December 17th, 2008

According to CNNMoney: “Chrysler LLC announced late Wednesday that it is stopping all vehicle production in the United States for at least a month. All 30 of the carmaker’s plants will close after the last shift on Friday, and employees will not be asked to return to work before Jan. 19.”

GM to Cut Output at Four Factories; 2,000 Affected

Friday, December 5th, 2008

According to Bloomberg: “General Motors Corp., running out of cash and combating a 22 percent plunge in U.S. sales this year, said it’s cutting production at four North American car plants in 2009, affecting 2,000 jobs.

The automaker will eliminate the third shift at its factories in Lordstown, Ohio; Oshawa, Ontario; and Orion Township, Michigan, in February, said Chris Lee, a GM spokesman. GM will also suspend production for a week at the Chevrolet Malibu plant in Fairfax, Kansas.”

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