By November 21, 2005 1 Comments Read More →

GM to Cut 30,000 Jobs, Close 3, no 4, no 9, no 12 Plants

Yahoo! News

Ugh, worse than the reports suggested earlier this morning.

GM has been crippled by high labor, pension, health care and materials costs as well as by sagging demand for sport utility vehicles, its longtime cash cows, and by bloated plant capacity. Its market share has been eroded by competition from Asian automakers led by Toyota Motor Corp. GM lost nearly $4 billion in the first nine months of this year.

Oh, that’s all that’s wrong?

I bet a big fight is coming with the UAW over this. Update: 12 plants closing?

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Mark Graban's passion is creating a better, safer, more cost effective healthcare system for patients and better workplaces for all. Mark is a consultant, author, and speaker in the "Lean healthcare" methodology. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent project is an eBook titled Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also the VP of Improvement & Innovation Services for the technology company KaiNexus.

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1 Comment on "GM to Cut 30,000 Jobs, Close 3, no 4, no 9, no 12 Plants"

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  1. Blue Cross of California says:

    It’s sad to see GM cut so many jobs due to health coverage. I hope they can one day provide great benefits again.

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