GM Slashing Almost 15,000 jobs in North America; set to close plants Michigan, Ohio, Maryland, Canada
Posted By: RumorMail [Send E-Mail]
Date: Monday, 26-Nov-2018 12:07:05
|Just remember GM, import taxes are a bite in the ass.
By Nathan Bomey
General Motors is poised to close factories in Michigan, Ohio, Maryland and Canada, kill off several passenger cars and slash 15 percent of its salaried workforce in a sweeping cost-cutting plan designed to boost its profits.
The Detroit-based automaker said it would end production by the end of 2019 at its Lordstown Assembly plant in northeast Ohio; its Detroit-Hamtramck Assembly plant in southeast Michigan; its Oshawa Assembly plant in Ontario; its Baltimore Operations parts plant; and its Warren Transmission Operations plant in southeast Michigan.
Assembly plants are job juggernauts. GM has about 1,500 employees at the Detroit plant, 1,600 at the Lordstown factory and 2,500 in Oshawa.