Nov 9th, 2008 by RJ Menezes
With the holiday season just around the corner, this is that last thing that people working for GM need to hear. An announcement was made recently about the company’s plans to lay off over 3,600 of its hourly paid workers. These lay offs will be mostly of production line workers. The company recently announced they are slowing down production of its most popular models because of lack of demand.
GM also has plans to idle certain production plants for weeks. When those plants eventually resume production (let’s hope), the rate of production will be lower. “We’re adjusting (production) on some of our most popular models, not because they have cooled off, but because the market isn’t buying anything,” said GM spokesman Chris Lee.
Lee also said GM hopes to eventually call back the laid-off workers in the future. “Everything we do is based on market demand,” he said. “It is our hope to bring these people back to work if demand returns.”
I doubt most laid-off workers will believe that. With the state of the U.S. auto industry, it would take nothing less than a miracle for these people to get their jobs back anytime soon, or ever. GM especially has already announced that at the rate in which they are going, the company will be out of money by the middle of next year.
-Source: Automotive News
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