LayoffBlog.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

Posted in GM, Manufacturing, US, Union, auto | No Comments »

GM to lay off 887 workers in Wentzville[,MO]

Tuesday, June 9th, 2009

General Motors Corp., which filed for bankruptcy last week, plans to cut a shift from its Wentzville[,MO] plant and lay off 887 workers or nearly half its hourly work force there.

The job cuts, which will occur Aug. 10, will affect 887 of the 1,900 hourly workers at the plant, according to Chris Lee, a GM spokesman.

Source: St. Louis Business Journal

Posted in GM, auto | No Comments »

GM to make over 50,000 job cuts

Tuesday, June 2nd, 2009

IT jobs are at risk as more than a fifth of General Motors workers face losing their jobs by the end of the year as the company restructures, GM CEO Fritz Henderson said today.

Speaking in a news conference, Henderson said job cuts across the board would be around 22% of GM’s 235,000 workers, but that the attrition rate among managers would be higher.

Source: Computer Weekly

Posted in GM, auto | No Comments »

Germany Picks Magna to Buy Opel; 11,000 Jobs May Go

Saturday, May 30th, 2009

Magna, the Canadian car-parts maker that’s competing with Fiat SpA in its bid for for General Motors Corp.’s Opel. Officials said as many as 11,000 jobs may be lost across Europe, including 2,600 in Germany.

Source: Bloomberg

Posted in Canada, Europe, GM, Germany, US, auto, bailout, fiat | No Comments »

GM to cut 21,000 jobs, scrap Pontiac brand

Monday, April 27th, 2009

General Motors Corp. will cut an additional 7,000 to 8,000 factory jobs in the United States, kill the Pontiac brand and shed 2,600 dealers by 2010 under a revised business plan developed with the Obama administration and announced today.

The new job cuts bring the total number of hourly jobs eliminated under GM’s plan to 21,000. GM said additional cuts among salaried workers would be expected, but did not give a specific target.

Source: Detroit Free Press

Posted in GM, auto | No Comments »

Buyouts at GM open door for hiring at lower wages

Friday, March 27th, 2009

The 7,631 United Auto Workers who accepted early retirement and buyout offers this week from General Motors Corp. — more than 53 percent of whom work in Michigan — will make room for laid off workers to reclaim their jobs.

But GM likely will not be able to hire lesser-paid workers until the worst sales market in 27 years improves.

“We certainly hope to be able to realize some of that (savings) going forward, but clearly the evaporation in sales put a hold on that,” GM spokesman Tony Sapienza said. “When the dust settles, we’ll still have people laid off, but we’ll be able to bring a lot of laid off people back to work.”

Source: The Detroit News

Posted in GM, US, auto | No Comments »

GM lays off 160 white-collar workers at Warren

Tuesday, March 24th, 2009

General Motors Corp. began white-collar layoffs today, telling about 160 workers at the Warren Technical Center that their last day will be April 1.

The move is just the beginning of GM’s plans to cut 3,400 salaried jobs in the United States this year. Worldwide, GM plans to cut 47,000 workers by the end of the year.

Source: Detroit Free Press

Posted in GM, US, auto | 2 Comments »

GM to cut 47,000 jobs, close five more plants

Wednesday, February 18th, 2009

General Motors Corp. plans to cut its work force by 47,000 this year and close five more U.S. plants under a viability plan it submitted to the U.S. Treasury on Tuesday as part of its effort to land between $9 billion and $12 billion more in federal loans.

The five plants the struggling automaker plans to close are in addition to the nine plants it previously said it planned to shutter.

GM also plans to reduce its dealerships from 6,246 in 2008 to 4,700 by 2012, and to 4,100 by 2014. Most of this reduction will take place in metro and suburban markets, GM said.

Source: Dayton Business Journal

Posted in GM, US, auto | 2 Comments »

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

Posted in GM, US, auto | No Comments »

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.”

Posted in Canada, General, US, auto | No Comments »

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