General Motors says cutting 15 percent of workforce to save $6 bln
[ENGLISH.ALARABIYA.NET] In a massive restructuring, auto giant General Motors announced Monday it would cut 15 percent of its workforce to save $6 billion and adapt to "changing market conditions."

The moves include shuttering three North American auto assembly plants next year: the Oshawa plan in Ontario, Canada; Hamtramck in bankrupt, increasingly impoverished, reliably Democrat, Detroit
... ruled by Democrats since 1962. A city whose Golden Age included the Purple Gang...
, Michigan and Lordstown in Warren, Ohio.

In addition, it will close propulsion plans in Baltimore, Maryland and Warren, Michigan, and two more plants outside of North America.

GM has been increasing its focus on highly popular trucks and SUVs and "now intends to prioritize future vehicle investments in its next-generation battery-electric architectures."
Posted by: Fred 2018-11-27