GM cuts 30,000 jobs

[UNOMYFLO]

One of the plants slated to close is in Georgia.

The Doraville Plant has been there since 1947.

GM says it has lost 4 billion in the first nine months of the year.

They say rising health costs and cheap overseas production of other competitors is hurting them. This cut will get them back in the game however the production will be down by 1 million a year by 2008.

So 30,000 jobs cut and 9 assembly, powertrain and stamping plants.

I wonder if this will hurt our future warantee work? parts availability and such...

Ford is also slated to cut 40,000 white colar jobs by early next year.

UNO