Article

2004-10-16 Europe

General Motors to Lay Off 12,000 Workers in Europe

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Posted by Mark Espinola 2004-10-16 4:43:50 AM|| || Front Page|| [5 views since 2007-05-07] Top

#1 Cuts in Sweden too. Any GM factories in France and Spain?

Posted by Kalle (kafir forever) 2004-10-16 8:29:41 AM|| [http://radio.weblogs.com/0103811/categories/currentEvents/] 2004-10-16 8:29:41 AM|| Front Page Top

#2 Good - no sense in lowering inverstor profits subsidizing these socialist yoodles..and i always thought it was a bad move for GM to buy volvo car manufacturing. the swedes got the best deal there..got rid of thier money losing volvo car operations and kept their profitable volvo defense operations.

Posted by Dan 2004-10-16 1:42:25 PM|| 2004-10-16 1:42:25 PM|| Front Page Top

#3 Ford bought Volvo. GM bought Saab.

Posted by jackal 2004-10-16 10:32:40 PM|| [http://home.earthlink.net/~sleepyjackal/index.html] 2004-10-16 10:32:40 PM|| Front Page Top

money losing European operations

Economics lesson for the Euros: In the real world (as opposed to yours), companies that lose money scale back their operations (and hopefully reassess what they're doing) or go out of business.

Just a little friendly advice for you sophisticates from the American cowboys....

Posted by Barbara Skolaut 2004-10-16 10:42:13 PM|| 2004-10-16 10:42:13 PM|| Front Page Top

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