GM’s secret plan to shut plants, cut jobs indicates more is likely to come - News Summed Up

GM’s secret plan to shut plants, cut jobs indicates more is likely to come


A GM spokesperson confirmed the filing was referencing the plan GM announced Monday. But one of the plants to be shuttered, GM’s Detroit-Hamtramck plant, was closed Monday for the Thanksgiving break. Including 645 jobs at transmission plants in Warren and near Baltimore, more than 6,200 hourly jobs are at stake. Most UAW workers will have an opportunity to transfer to other factories, including Flint and Arlington, Texas, where in-demand trucks are produced. Both Dziczek and Edmund’s Drury said GM’s new CFO Suryadevara was likely instrumental in devising the plan that GM said will save $6 billion by the end of 2020.


Source: thestar November 29, 2018 16:07 UTC



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