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

1

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 is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. His latest book is Measures of Success: React Less, Lead Better, Improve More. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. He also published the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus.

1 Comment
  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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