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February 25, 2021
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AP-GM CUTS
(2008-04-29)
(wgvu) - GENERAL MOTORS SAYS WILL CUT ONE SHIFT AT FOUR
NORTH AMERICAN FACTORIES THAT MAKE PICKUP TRUCKS AND BIG SPORT
UTILITY VEHICLES, RESULTING IN SOME LAYOFFS.
GM WILL LAY OFF ABOUT 3,500 WORKERS WITH THE CUTS.
IT SAYS THE CUTS ARE DUE TO SAGGING SALES, BROUGHT ON BY HIGH
GASOLINE PRICES AND A HOUSING INDUSTRY DOWNTURN.
GM SAYS THE CUTS WILL AFFECT PICKUP FACTORIES IN PONTIAC; FLINT;
AND OSHAWA, ONTARIO; AS WELL AS THE FULL-SIZED SUV PLANT IN
JANESVILLE, WIS.
THE COMPANY SAYS THE CUTS MEAN IT WILL MAKE ABOUT 88,000 FEWER
PICKUPS AND 50,000 FEWER BIG SUVS THIS CALENDAR YEAR.
GM SAYS THE NUMBER OF LAYOFFS WILL BE WORKED OUT WITH ITS
UNIONS.
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