Go Back   New Orleans Saints - blackandgold.com > Main > Everything Else
Shop Horizontal

GM laying off workers temporarily?

this is a discussion within the Everything Else Community Forum; General Motors (GM: 26.45, -0.02, -0.08%) will temporarily lay off 1,300 workers for five weeks at one of its Detroit plants. The car maker confirmed to FOX Business Network that the layoffs will run from March 19 to April 23 ...

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 03-03-2012, 01:09 PM   #1
 
Join Date: Sep 2007
Location: The Woodlands
Posts: 17,630
Blog Entries: 27
GM laying off workers temporarily?

General Motors (GM: 26.45, -0.02, -0.08%) will temporarily lay off 1,300 workers for five weeks at one of its Detroit plants.



The car maker confirmed to FOX Business Network that the layoffs will run from March 19 to April 23 and will coincide with halts in the production of GMs Chevrolet Volt and the Opel Ampera.
The company said the temporary shutdown and layoffs are an effort to match production with demand.
GM is less than three years removed from bankruptcy during which the company, once the largest car maker in the world, shed billions of dollars in debt and agreed to streamline its operations.
With help from a $50 billion government bailout, GM stayed afloat, sold shares in an initial public offering in 2010 and has started to turn a profit again.


Read more: GM to Temporarily Lay Off 1300 | Fox Business

Does that not contradict a recent story that they were hiring a bunch of people? And they just bought a 7% stake in Peugeot too!

Said Pope Benedict: "WOW ... that ring is bigger than mine!!!"

SmashMouth is offline  
Latest Blogs
2015 Saints Bye Week Draft Last Blog: 10-16-2014 By: hagan714


"IRONY" Last Blog: 10-01-2014 By: teddybarexxx


Sainity Zone 9-30-14 Hail Last Blog: 09-30-2014 By: xan


Old 03-03-2012, 01:40 PM   #2
Site Donor 2014
Lucky Cat
 
Join Date: Mar 2006
Location: Metairie, LA
Posts: 8,515
Blog Entries: 5
Do you really believe anything you hear in the Main Stream Media anymore?
foreverfan is offline  
Old 03-03-2012, 08:26 PM   #3
Moderator
 
Join Date: Sep 2007
Location: New Haven Ct
Posts: 18,670
Not a dam word.
QBREES9 is offline  
Old 03-04-2012, 07:03 AM   #4
1000 Posts +
 
Join Date: Jan 2012
Location: "Si quaeris peninsulam amoenam, circumspice"
Posts: 4,546
Blog Entries: 15
This hits so close to home for me ... my entire family, and I mean entire, has worked for General Motors at one time or another. It's all 'smoke & mirrors' and I will never trust General Motors again ...
SloMotion is offline  
Old 03-05-2012, 11:57 PM   #5
Moderator
 
Join Date: Sep 2007
Location: New Haven Ct
Posts: 18,670
Hope your ok Slomotion.
QBREES9 is offline  
Old 03-06-2012, 05:11 AM   #6
1000 Posts +
 
Join Date: Jan 2012
Location: "Si quaeris peninsulam amoenam, circumspice"
Posts: 4,546
Blog Entries: 15
Originally Posted by QBREES9 View Post
Hope your ok Slomotion.
Oh yeah, thanks QB. I'm a "when life hands you lemons, make lemonade" kind of guy. This entire region has taken a beating while the automotive companies have tried to reinvent themselves, but there's some light at the end of the tunnel ... never be the same though.

On a lighter note, I just heard someone out by you just won a $383 million dollar PowerBall?
SloMotion is offline  
Old 03-07-2012, 11:48 PM   #7
Moderator
 
Join Date: Sep 2007
Location: New Haven Ct
Posts: 18,670
yeah but it wasn't me. 81 year old lady from RI good for her !
QBREES9 is offline  
Closed Thread

Thread Tools
Display Modes

Posting Rules


All times are GMT -5. The time now is 04:59 AM.


Copyright 1997 - 2013 - BlackandGold.com
no new posts