Jobz

Tecumsehsbones

Tecumsehsbones

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GM will lay off 1,100 in Michigan after domestic production shift



By David Shepardson


WASHINGTON (Reuters) - General Motors Co said on Monday it will lay off 1,100 workers in May at its Lansing Delta Township assembly plant in Michigan as it shifts production of a vehicle to Tennessee.
The largest U.S. automaker last year added 800 jobs at its Spring Hill, Tennessee plant to build a new version of the GMC Acadia SUV. The Lansing plant will continue building the Buick Enclave and Chevrolet Traverse after it retools for a month, GM spokesman Tom Wickham said in an emailed statement.
GM has announced other U.S. factory cuts even after it said in January it would invest another $1 billion in U.S. factories.
U.S. President Donald Trump has urged GM and other automakers to build more cars in the country as part of his pledge to boost U.S. manufacturing jobs and discourage the industry from investing in Mexico.
GM has said the $1 billion investment would allow it to create or retain 1,500 U.S. jobs, but has not specified what jobs are impacted.
GM has also said it will begin work on bringing axle production for its next generation of full-size pickup trucks, including work previously done in Mexico, to operations in Michigan, creating 450 U.S. jobs. The part was previously built by American Axle & Manufacturing Holdings Inc.
GM said in November it would cut about 2,000 jobs when it ended the third shift at its Lordstown, Ohio, and Lansing Grand River plants in January. In December, it said it planned to cancel the second shift and cut nearly 1,300 jobs from its Detroit-Hamtramck assembly plant in March.
Those job cuts were sparked by lower demand for cars as Americans buy more SUVs and other larger vehicles.
Trump has repeatedly praised GM's January investment announcement.
GM "committed to invest billions of dollars in its American manufacturing operation, keeping many jobs here that were going to leave. And if I didn't get elected, believe me, they would have left," Trump said at a news conference in February.
GM has been adding a significant number of U.S. jobs in recent years. It had 105,000 U.S. employees at the end of 2016, up from 97,000 at the end of 2015, according to a company filing in February. GM on Monday declined to provide its current U.S. employment figure.



https://www.yahoo.com/finance/news/gm-layoff-1-100-michigan-production-shift-151335950--finance.html


I guess the Dear Leader was too busy searching for hidden microphones to save these jobs.
 
Danbones

Danbones

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"WASHINGTON (Reuters) - General Motors Co said on Monday it will lay off 1,100 workers in May at its Lansing Delta Township assembly plant in Michigan as it shifts production of a vehicle to Tennessee...

...The largest U.S. automaker last year added 800 jobs at its Spring Hill, Tennessee plant to build a new version of the GMC Acadia SUV.

The Lansing plant will continue building the Buick Enclave and Chevrolet Traverse after it retools for a month, GM spokesman Tom Wickham said in an emailed statement."
Click to expand...
from the link in the OP

lol

You left out some important details that refute your opinion before it even gets out of the gate.
Too busy eyeballing the neighbors through the window and putting dirty words in other peoples' mouths like CNN just did, eh?

layed off and fired forever are two different things
 
Tecumsehsbones

Tecumsehsbones

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When Obama took office, there were 12,561,000 manufacturing jobs in the U.S. When he left office, there were 12,341,000. That's a net loss of 220,000 over 8 years.

When Dubya took office, there were 17,104,000. When he left, 12,561,000. That's a net loss of 4,543,000 over 8 years.

Guess we'll have to see what the Dear Leader does.

This fake news is brought to you by https://fred.stlouisfed.org/series/MANEMP
 
J

Johnnny

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Jun 8, 2007
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Tecumsehsbones said:
When Obama took office, there were 12,561,000 manufacturing jobs in the U.S. When he left office, there were 12,341,000. That's a net loss of 220,000 over 8 years.

When Dubya took office, there were 17,104,000. When he left, 12,561,000. That's a net loss of 4,543,000 over 8 years.

Guess we'll have to see what the Dear Leader does.

This fake news is brought to you by https://fred.stlouisfed.org/series/MANEMP
Click to expand...

This may not be relevant, but is it true that whenever the democrats are in power that the stock market does better than if the republicans are in power?
 
Tecumsehsbones

Tecumsehsbones

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When Dubya took office, there were 111,871,000 private-sector jobs in the U.S. When he left, there were 111,474,000. That's a net loss of 397,000 over 8 years.

When Obama took office, there were 111,474,000 private-sector jobs in the U.S. When he left, there were 123,278,000. That's a net gain of 11,804,000 over eight years.

We'll have to see what the Dear Leader does.

This fake news is brought to you by https://fred.stlouisfed.org/series/USPRIV

When Dubya took office, real median personal income was $29,363/yr. When he left, it was $29,187/yr. That's a net loss of $176/yr over 8 years.

When Obama took office, real median personal income was $29,187/yr. In 2015 (most recent year for which stats are available), it was $30,240/yr. That's a net gain of $1,043/yr over 7 years.

We'll have to see what the Dear Leader does.

This fake news is brought to you by https://fred.stlouisfed.org/series/MEPAINUSA672N

Johnnny said:
This may not be relevant, but is it true that whenever the democrats are in power that the stock market does better than if the republicans are in power?
Click to expand...
Don't really belong in "Jobz," but here's the stats.

Dow Jones Industrial Average:

30 Jan 1981 (10 days after Reagan took office) - 947.27
13 Jan 1989 (7 days after Bush took office) - 2226.07. Net increase under Reagan - 135% over 8 years.
29 Jan 1993 (9 days after Clinton took office) - 3310.03. Net increase under Bush - 149% over 4 years.
12 Jan 2001 (8 days before Dubya took office) - 10,525.38. Net increase under Clinton - 318% over 8 years.
12 Mar 2009 (51 days after Dubya left office) - 6626.94. Net loss under Dubya - 37% over 8 years.
Jan 2017 (during which Obama left office) - 19,864.09. Net gain under Obama - 300% over 8 years.

We'll have to see what the Dear Leader can do.

This fake news is brought to you by https://www.google.com/finance?q=INDEXDJX:.DJI and Dow Jones - 100 Year Historical Chart | MacroTrends
 
mentalfloss

mentalfloss

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Jun 28, 2010
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Funny, you didn't mention Hitler.

He's at least in the same calibre of fail as Trump.
 
Tecumsehsbones

Tecumsehsbones

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taxslave said:
As long as you don't include both trudOWEs,Cretin, Martin, Every leader east of the former Iron Curtain, Several Labour leaders in Brittain, Slick Willy, Carter. Need I go on?
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You forgot Obama. Remember when you and Walter, among others, were screaming about how bad Obama was for the economy and jobz?

Let's summarize:

He lost fewer manufacturing jobs than Dubya did, by a factor of 20.
He added far more total jobs in the private sector than Dubya did.
Average personal income, which declined under Dubya, rose under Obama.
The stock market lost 37% over Dubya's tenure, and gained 300% over Obama's.

"I don't have the answers. What I do have is the numbers."
-- John Urschel

mentalfloss said:
Trump is the biggest failure in human history.
Click to expand...
This is a fact-based thread. Why don't you go have your whine-fest some other place?
 
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