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Peakoil.com :: View topic - As expected - GM to Cut 25,000 Jobs
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As expected - GM to Cut 25,000 Jobs

 
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generikan
Tar Sands
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Joined: Feb 05, 2005
Posts: 54

PostPosted: Tue Jun 07, 2005 12:17 pm    Post subject: As expected - GM to Cut 25,000 Jobs Add User to Ignore List Reply with quote

>>GM cuts 25k

so............maybe these 25000 people can now join the army and fulfill the quota Razz , right?
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RiverRat
Heavy Crude
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Joined: Mar 16, 2005
Posts: 210

PostPosted: Tue Jun 07, 2005 12:25 pm    Post subject: Add User to Ignore List Reply with quote

Sounds pretty good.

The Army would love to have a bunch of angry displaced union thugs.

Orders would be ---> get yer 12 gauge… grab sum buck shot … git in yer pickup and drive 3000 miles due East.

Oh wait … ya … we’ll float ya over the big pond

Very Happy
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cube
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Joined: Mar 12, 2005
Posts: 3776

PostPosted: Tue Jun 07, 2005 12:43 pm    Post subject: Add User to Ignore List Reply with quote

Quote:
WILMINGTON, Del. - General Motors Corp. plans to eliminate 25,000 manufacturing jobs in the United States by 2008 and close plants as part of a strategy to revive North American business at the world's largest automaker, its chairman said on Tuesday.
2 things come to my mind:
1) I didn't know we even had 25,000 manufacturing jobs to begin with in the US. Razz

2) So giving 25,000 people the AX is a way to revive the industry? Don't you love how some people have the magical ability to paint a pretty picture even when the ship is sinking?

A person with such skillz should run for the presidency. We should have a CEO as president. Very Happy
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lizzybeth
Tar Sands
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Joined: Mar 14, 2005
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PostPosted: Tue Jun 07, 2005 2:15 pm    Post subject: Add User to Ignore List Reply with quote

Good Point!
I saw a new ad campaign from GM corporate last night. Very curious - they were advertising - Everyone in America now gets the "Employee Discount". I find this very suspiciuous. One - I don't believe it unless they are really just eliminating the employee discount. On the other hand - they may be that desperate.
Also - I do remember something in the news a while back about assigned parking being very good for employees who drive GM, but out in the hinterlands for those who don't. Some kind of pressure!javascript:emoticon('Crying or Very sad')
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bruin
Heavy Crude
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Joined: Dec 09, 2004
Posts: 377
Location: CA, USA

PostPosted: Tue Jun 07, 2005 5:44 pm    Post subject: Add User to Ignore List Reply with quote

This is good news. The more PO adjustments made before PO means more time to adjust.
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jimmydean
Heavy Crude
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Joined: May 05, 2005
Posts: 226

PostPosted: Wed Jun 08, 2005 9:52 am    Post subject: Add User to Ignore List Reply with quote

lizzybeth wrote:
Good Point!
I saw a new ad campaign from GM corporate last night. Very curious - they were advertising - Everyone in America now gets the "Employee Discount". I find this very suspiciuous. One - I don't believe it unless they are really just eliminating the employee discount. On the other hand - they may be that desperate.
Also - I do remember something in the news a while back about assigned parking being very good for employees who drive GM, but out in the hinterlands for those who don't. Some kind of pressure!javascript:emoticon('Crying or Very sad')


LOL I saw the same ad last night.

It is desperation but at least they are finally trying something. IMHO it's just a clear message that north american auto production is just too inefficient for the global economy.

The 25K cut was an almost obvious move however exactly what they intend to focus on production wise is still a mystery. A recent GM large SUV TV ad has me worried that they think they can still sell these behemoths even once oil hits $60+ this summer Wink

Kerkonian sees value in GM or I should say value in GMAC which is where GM is actually making cash. It will be interesting to see what he does with GM over the next 5 years.
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Leanan
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Joined: May 20, 2004
Posts: 4567

PostPosted: Wed Jun 08, 2005 10:01 am    Post subject: Add User to Ignore List Reply with quote

Toyota is worried that GM and Ford won't survive:

http://www.cnn.com/2005/AUTOS/06/08/toyota_us.reut/index.html

They're afraid it will lead to protectionism that would exclude Japanese car companies from the U.S.
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strider3700
Fission
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Joined: Apr 17, 2005
Posts: 2749
Location: Vancouver Island

PostPosted: Wed Jun 08, 2005 11:22 am    Post subject: Add User to Ignore List Reply with quote

I saw them talking about their issues a few mornings ago on CNBC. One of the things they said was they where building vehicles that people where not interested in buying. My thought was no crap, your building things that you can't sell and going broke doing int you think that might be an issue? Of course they pointed out that they needed to find ways to get the customers interested in their product.

Here is a hint, you can't talk me into needing a fullsize SUV, but if you make an inexpensive hybrid you may have me interested, until then I'm not even bothering with your car lots.

Do something different because what you're currently doing sucks.

Same goes for you Ford. Where is that turbo diesel focus I was told was coming 3 years ago?
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Leanan
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Joined: May 20, 2004
Posts: 4567

PostPosted: Wed Jun 08, 2005 1:13 pm    Post subject: Add User to Ignore List Reply with quote

Some analysts think bankruptcy might be the best option for GM:

http://money.cnn.com/2005/06/08/news/fortune500/gm_healthy_hurting/index.htm

Not that they're short of cash or anything, but declaring bankruptcy could free them from their obligations to their workers. (Health care, pensions, etc.)
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spot5050
Heavy Crude
Heavy Crude


Joined: Dec 07, 2004
Posts: 483
Location: Cheshire, England

PostPosted: Wed Jun 08, 2005 5:50 pm    Post subject: Add User to Ignore List Reply with quote

Doomer? Conspiracy theorist? Pick your team.

No change round here... A or B...

The debate makes no progress. No debate. Everyone knows their answers. Zzzzzzzzz...
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EnemyCombatant
Intermediate Crude
Intermediate Crude


Joined: Mar 16, 2005
Posts: 952

PostPosted: Thu Jun 09, 2005 6:59 am    Post subject: Add User to Ignore List Reply with quote

Anyone who only listens to mainstream media is a nut job conspiracy theorist, for sure.
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