Monday, November 21, 2005

BREAKING NEWS: GM to eliminate 30,000 jobs and close 12 facilities GM to eliminate 30,000 jobs and close 12 facilities

Think November was going to be better than October? Not for 30,000 auto workers.

The following six assembly plant sites will be affected in the years indicated:

* Oklahoma City, Okla., will cease production in early 2006.

* Lansing, Mich., Craft Centre will cease production in mid-2006.

* Spring Hill, Tenn., Plant/Line No. 1, will cease production at the end of 2006.

* Doraville, Ga., will cease production at the end of its current products' lifecycle in 2008.

* The third shift will be removed at Oshawa Car Plant No. 1, in Ontario, Canada, in the second half of 2006. Subsequently, Oshawa Car Plant No. 2 will cease production after the current product runs out in 2008.

* The third shift will be removed at Moraine, Ohio, during 2006, with timing to be based on market demand.


6 car plants? 12 total facilities? 30,000 people? How many people does that impact? 150,000 family members? Thousands of businesses these workers buy from? It's tough to calculate. I guess if you own GM stock you should be glad about this, although the market doesn't seem to care, but in human terms it seems pretty disastrous.

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