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Layoffs

GM to axe more workers…

November 9, 2008

General Motors LogoGeneral Motors will be laying off 3,600 — just days after it announced that its October sales were down 50% from the year before. It is looking more and more likely that the company will merge with Chrysler and succeed at getting money from the goverment. Of the 3,600 total cuts, 500 will be axed in Canada and the rest from the United States.

[CTV] Losses force GM to slash 3,600 jobs in Canada, U.S.

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Posted in Layoffs by Jacopo Kane
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Starring: GM
Related stories:
  • Whirlpool washes out 5,000 employees
  • U.S. Steel axes 677 workers in wake of tripled profits
  • Pfizer says ‘pfuck you’ to 700 pfrench employees
  • GlaxoSmithKline lowers the hammer on 1,000
  • GM’s October sales down nearly 50%
  • JPMorgan to Chase away 10% of investment bankers
  • JPMorgan chases away 9,200 WaMu employees
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Discussion

  1. November 12 at 5:35 pm
    jen:

    Watch the movie
    “Who killed the Electric Car”
    I hope sleeping with Big Oil was worth it

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