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GM slashing 30,000 jobs, closing plants, ... 5 US assembly plants to be shut down

DigitalScribe
post 21 Nov 2005, 16:46
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http://www.msnbc.msn.com/id/10138507/

QUOTE
GM slashing 30,000 jobs, closing plants
Five U.S. assembly plants to be shut down in cost-cutting move


Updated: 9:23 a.m. ET Nov. 21, 2005

DETROIT - General Motors Corp. will eliminate 30,000 manufacturing jobs and close nine North American assembly, stamping and powertrain plants by 2008 as part of an effort to get production in line with demand.

The announcement Monday by Rick Wagoner, chairman and CEO of the world’s largest automaker, represents 5,000 more job cuts than the 25,000 that the automaker had previously indicated it planned to cut.

GM said the assembly plants that will close are in Oklahoma City, Lansing, Mich., Spring Hill, Tenn., Doraville, Ga., and Ontario, Canada.

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This post has been edited by DigitalScribe: 21 Nov 2005, 16:46


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