General Motors Continues to Downsize as Shift Eliminations and White-Collar Job Cuts Are Announced, an Industrial Info News Alert

SOURCE:

Industrial Info Resources

2008-08-07 04:00:00

General Motors Continues to Downsize as Shift Eliminations and White-Collar Job Cuts Are Announced, an Industrial Info News Alert

SUGAR LAND, TX–(EMWNews – August 7, 2008) – Researched by Industrial Info Resources

(Sugar Land, Texas) — The downward spiral that is the multiyear

reorganization plan for General Motors Corporation (NYSE:GM) (Detroit,

Michigan) only continues to get steeper as the former No. 1 automaker has

been forced to continue its program of buyouts, layoffs, production cuts,

plant closures and shift eliminations at its North American facilities.

Most recently, the automaker announced several plant closures as a result

of the dramatically weakened truck and SUV market. Ford Motor Company

(NYSE:F) (Dearborn, Michigan) and Chrysler LLC (Auburn Hills, Michigan)

have also been forced to make dramatic reductions in SUV production while

scrambling to boost the production of smaller vehicles that are more fuel

efficient.

For details, view the entire article by subscribing to Industrial Info’s

Premium Industry News at

http://www.industrialinfo.com/showNews.jsp?newsitemID=136577, or browse

other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service

specializing in industrial process, energy and financial related markets

with products and services ranging from industry news, analytics,

forecasting, plant and project databases, as well as multimedia services.

For more information send inquiries to

industrialmanufacturing@industrialinfo.com or visit us online at

www.industrialinfo.com.

Related News Articles

Losses Continue to Mount for American Automotive Industry; Additional Cuts

Almost Guaranteed

Toyota Changes Gears on U.S. Production Strategy

Electric Car Manufacturer Chooses California over New Mexico

Contact:
Joe Govreau
713-783-5147

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Leave a Reply

Your email address will not be published. Required fields are marked *

*