GM to cut about 500 jobs at Michigan plant
General Motors said Friday that it will eliminate the second shift at
its Orion, Mich.,assembly plant, resulting in roughly 500 layoffs, a
move that reflects the weakness of the broad passenger-car market as
buyers flock to trucks and SUVs.
A GM spokeswoman confirmed the
move and said the vast majority of employees will be offered
opportunities at other GM facilities, including the Detroit-Hamtramck
plant where the Chevrolet Volt and other GM passenger cars are built and
a shift of 1,200 people will soon be added. The shift actions come as
the No.1 U.S. auto maker works to reach a new pact with the United Auto
Workers union.
Earlier this week, GM reported record operating
profit in North America as its truck-market share and volumes spiked. It
said its share of the passenger-car market, which includes sedans and
compact cars, continued to dwindle.
Must preserve profits!
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