General Discussion

fescuerescue

(4,448 posts)

35. I think GM is in trouble personally

Tue Nov 27, 2018, 06:13 PM

Nov 2018

This is coming from someone who once worked at GM, has a father who retired there and from time time, GM is a customer of mine.

5 plant closings is just a datapoint.

From what I see, they still operate with the same ethos and mindset that they did pre 2008. Yes they had a very nice reset provided by a very good President in 2008. But I believe they have squandered that reset.

But the behavior and management techniques that got them in trouble before, are the very same driving the company today.

They remind me of the person who runs up their credit cards, files bankruptcy....and then a few years later is broke and has credit card bills again.

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Highlight:

One GM Plant Closing in the US Means Very Little to the Company [View all] ProudLib72 Nov 2018 OP

Five are closing, and that means a hell of a lot to the people who are working there. The Velveteen Ocelot Nov 2018 #1

Don't forget impacts to the parts distributors, logistics, local restaurants, gas stations, etc. TheBlackAdder Nov 2018 #20

Yes, on NPR they said that every job at the plant equals seven in the town ProudLib72 Nov 2018 #22

Little? Just another 10k manufacturing jobs leaving the midwest. FSogol Nov 2018 #2

uh huh, right. tell that to the people who just lost their jobs. nt Javaman Nov 2018 #3

It wasn't just 1. It was at least 5. BumRushDaShow Nov 2018 #4

I counted 70 plants total on the list of those currently operating ProudLib72 Nov 2018 #16

I think the protestations in the thread are more about the impact to the workers BumRushDaShow Nov 2018 #18

I think after Detroit went bust, auto companies started shifting their paradigm of production ProudLib72 Nov 2018 #23

Personally BumRushDaShow Nov 2018 #33

Who is arguing, from the perspective of the company, this is the end of the world? LanternWaste Nov 2018 #34

Your list and your point PJMcK Nov 2018 #5

Very true, and I hope my edit clarifies my position ProudLib72 Nov 2018 #14

Sure, go tell that to the thousands losing their jobs awesomerwb1 Nov 2018 #6

I love how Trump claims to be anti-global - but keeps saying "they're coming back" hexola Nov 2018 #7

The damn fool talks about globalization as evil, but he has businesses all over the globe. The guy RKP5637 Nov 2018 #11

Try telling the 14,000 or so people losing their jobs how "very little" it means. WillowTree Nov 2018 #8

Oshawa Car Assembly, Canada is closing Tripper11 Nov 2018 #9

This is the biggest layoff I can remember - anyone? hexola Nov 2018 #10

Do you mean in the auto industry or in particular. Hugin Nov 2018 #12

Both - just looking for some context - nt hexola Nov 2018 #13

Here BumRushDaShow Nov 2018 #19

It's not even as big as GM's 2009 layoff round, that was 49,000 Recursion Nov 2018 #26

well, I used to work for Digital Equipment Corporation .... kwassa Nov 2018 #30

trumps threats will only make more businesses reject him duforsure Nov 2018 #15

Thanks for sharing corporate logic with us. What's one plant closing in the US anyway? It's of... brush Nov 2018 #17

You're absolutely right. I am sharing corporate logic to make a point ProudLib72 Nov 2018 #25

Take your eye off the ball for even a minute newblewtoo Nov 2018 #21

Warren Ohio will be devestated...there are not many jobs and now there will be fewer...so can we Demsrule86 Nov 2018 #24

Who is pretending? I'm certainly not ProudLib72 Nov 2018 #27

Probably not in Warren itself, no; people will need to move closer in to Youngstown or Pittsburgh Recursion Nov 2018 #28

Off subject a bit, but the rise in Health Care jobs is often hospice, home-care type jobs libdem4life Nov 2018 #31

Youngstown is 15 minutes from Warren...and Pittsburgh is over an hour over some of the worst Demsrule86 Nov 2018 #36

No, I will not "spare you" the description of the job openings in that area Recursion Nov 2018 #38

Not every person can be a nurse or whatever...did you miss the part where I told you one of our Demsrule86 Nov 2018 #40

Isn't this the deal that The Cretin was "demanding" that they stay in the US? libdem4life Nov 2018 #29

What amazes me is that his brand is global, yet he seems to understand nothing about ProudLib72 Nov 2018 #32

I think GM is in trouble personally fescuerescue Nov 2018 #35

The one in Oshawa is also closing oberliner Nov 2018 #37

GM banked $2 billion in profits from its China operations last year dalton99a Nov 2018 #39