Quote:
Originally posted by Misbehavn23
GM is not the only company that will be closing plants. Ford is not too far behind. This is really sad. People don't understand how this affects all of us. Auto plant workers make an average of 65K a year. These big companies are opting to move plants to Mexico and Canada.
|
Sorry I gotta refute this part - Oshawa up here is facing 16000 jobs cut with the latest GM closings... not even being rated the most effecient or best in quality seemed to save the plant or the workers.
Quote:
|
That's revenue leaving our communities meaning other local businesses will not get patronized and they too have a risk of clasping. Delta airlines is trying to renege on the pilot�s contract which I don't understand why the courts are evening entertaining this attempt. Let me try to renege on my SUV contract, the repo man will be snatch it like a thief in the night. I say all this because it appears to me that the middle class is being wiped out.
|
Unfortuantely even in business politics plays a big part - GM has been bleeding tens of millions of dollars for a couple of years trying to maintain production levels despite decreasing demand - but now they need to slash costs to save the company. Reducing the not only salary payments but health benifits is a way to save millions if not a billion dollars for GM; which is the reasoning behind many of the closings and job cuts... of course it strikes kinda hollow up here when GM doesn't pay the health benifits but the government does... anyways in order for the cuts to go down a little easier GM has to be shown to be cutting some jobs and closing plants across the board in order to appease the UAW - so Oshawa gets the axe even though they are the most cost efficient and productive plant in North America (amongst all the auto manufacturers).