Friday, 19 April, 2019


4,000 General Motors workers to be laid off starting Monday

GM's involuntary layoffs start Monday at least 4,000 workers expected to lose jobs The Detroit automaker could layoff thousands of white-color workers as early
Conrad Doyle | 04 February, 2019, 19:35

General Motors will begin the process of terminating over 4,000 salaried workers on Monday, February 4, according to a recent report.

As part of a broader restructuring effort, the automaker will start reductions in its salaried workforce on Monday. "GM's CEO Mary Barra is clearly not timid about making bold decisions to implement radical change, whether it be forging new technologies or the gut-wrenching shuttering of factories". In his rebuke of GM, Trump focused on the closures in OH, a state he won in the 2016 election.

He said the company would face punishment for the closures, which included a plant in Lordstown, Ohio, that Trump personally promised to revive during the 2016 campaign. Unhappy with the announcement, President Donald Trump said at the time new auto tariffs were being "studied".

"You know, the United States saved General Motors, and for her (Barra) to take that company out of OH is not good", Trump said past year.

The exact timing of these layoffs remains unclear, however.

During his State of the Union address next week, President Trump is expected to tout boosts in American manufacturing as one of his successes in the White House, CNN reported. A senior administration official said Friday the speech's theme would be "Choosing greatness". More than 6,200 jobs are at stake. But trade tensions and global economic anxiety have led some companies to rethink their business plans and sparked concerns about the risk of a slowdown.

Automotive industry outlets, including Automotive News, has referred to Monday's layoff plan as "Black Monday", which are expected to begin at 7:30 a.m. and continue throughout the day.

Beyond the salaried workers who face job cuts, another 6,000 hourly workers at the five plants could still find their positions in jeopardy because of the restructuring. Another 1,500 contracted employees are said to have not been offered an extension or renewal on their contracts.

That leaves the remainder of the 8,000 planned job cuts to be accomplished with the involuntary layoffs.

Analysts expect lower earnings when GM reports financial results on Wednesday.

Recommended

loading...
...

Venezuela’s Maduro writes to pope for help Venezuela’s Maduro writes to pope for help It would mean opening the road to a military intervention", Alessandro Di Battista, a prominent 5-Star figure, said. He has defied European heads of state and called them sycophants for following U.S.

Germany: Brexit divorce deal is a compromise Germany: Brexit divorce deal is a compromise It was part of the original withdrawal deal, agreed between the United Kingdom government and the EU. But Tánaiste Simon Coveney said there were "no credible alternative arrangements".

It's 'game on' in the 'Avengers: Endgame' Super Bowl spot This will also be one remarkable and memorable film as it marks Chris Evan's last appearance as Captain America . At this rate, the movie will easily surpass Wonder Woman's opening weekend box office collection.

TMZ: 'Young and the Restless' star Kristoff St. John dies TMZ: 'Young and the Restless' star Kristoff St. John dies John was hospitalized after allegedly trying to take his own life with a gun, although details of that incident have been murky. John , the actor who originated the role of Neil Winters on the long-running soap opera almost three decades ago, has died.

Power restored to federal jail in NYC Power restored to federal jail in NYC She said she and other elected officials planned to return to the facility Saturday and hoped to speak to inmates this time . The bureau said air temperatures in the units "were within acceptable ranges" Saturday.

Refugee footballer Hakeem Al-Araibi to remain behind bars Refugee footballer Hakeem Al-Araibi to remain behind bars Bahrain insists that his trial was fair and that he should return home if he wants to launch an appeal against the conviction. Football is with you ", former Australia national soccer team captain Craig Foster said to Araibi outside court.

Wow, The Internet Really Didn't Enjoy Maroon 5's Superbowl Halftime Show Wow, The Internet Really Didn't Enjoy Maroon 5's Superbowl Halftime Show Around that same time, the Twitter account for Mercedes-Benz Stadium, which is hosting this year's game, tweeted a SpongeBob GIF. However, Adam Levine was allowed to sing shirtless on stage after ripping off his clothes halfway through the performance.

Blazers reportedly add Rodney Hood in trade with Cavaliers Blazers reportedly add Rodney Hood in trade with Cavaliers Baldwin hasn't been able to find his footing in the NBA after going 17th overall to the Memphis Grizzlies in the 2016 NBA Draft. He was traded to the Philadelphia 76ers in July 2015, with the Sixers dealing him to the Brooklyn Nets on December 7, 2017.

Not all Huawei's materials come from China, company says Not all Huawei's materials come from China, company says USA security experts are anxious the gear could be used by China for espionage, a concern Huawei says is unfounded. The company has always been accused of espionage and spying activities on behalf of the Chinese government.

Fortnite Brought In 10 Million Players During Marshmello Concert Fortnite Brought In 10 Million Players During Marshmello Concert The shop has a new Mello Rider glider, which is used in-game to travel to different destinations. The concert will take place Saturday at the Pleasant Park location.

John Lynch misses out on Pro Football Hall of Fame John Lynch misses out on Pro Football Hall of Fame Bowlen was key in securing the NFL's future via a number of multibillion-dollar TV contracts. Gonzalez was voted to 14 Pro Bowls in his career and was an All-Pro seven times.

South Africa end Pakistan’s record run of T20 series wins South Africa end Pakistan’s record run of T20 series wins He first bowled a maiden over to Malan and then had him stumped in the ninth over, completing a stunning spell of 4-1-9-1. He first settled in while van der Dussen took care of the striking in a 27-ball 45 that had more sixes (4) and fours (1).

'Once-in-a-century' floods hit northeast Australia 'Once-in-a-century' floods hit northeast Australia Residents still in their homes in these suburbs should move to the highest ground in their dwelling before 8.30pm tonight. Acting Chief Superintendent Steve Munro said officers had had to put their lives on the line to attend to calls for help.

Watch Maroon 5 Performance Watch Maroon 5 Performance He tried to rap - most of it was bleeped out - in a circle of fire, but his inclusion felt more like an interruption. One of the female singers let it rip and blew Levine and everyone else off the stage in that fine moment.

Gladys Knight’s Super Bowl national anthem costs betting company dearly Gladys Knight’s Super Bowl national anthem costs betting company dearly But the controversy came at the end where there was a question as to whether Knight sang "brave" twice at the end of the song. She reportedly believed her singing the national anthem at the Super Bowl could help bring people together. "My background.