Article

2019-06-01 Economy

GM Sends Manufacturing Jobs to South Korea as U.S. Workers Are Laid Off

[Breitbart] General Motors (GM) executives announced this week that two of their vehicles will be produced in South Korea as American workers in Lordstown, Ohio are left jobless after their GM plant closure and other Americans’ jobs at the corporation hang in the balance.

At the end of last year, GM CEO Mary Barra announced that the corporation would soon lay off 14,700 workers in the United States and Canada. Meanwhile, the corporation’s production in China and Mexico have remained unaffected, much like Barra’s continued annual salary of $22 million.

While the Lordstown, Ohio Assembly Plant has already been idled by GM, also slated to close this year are GM’s Detroit-Hamtramck and Warren Transmission plants in Michigan and the Baltimore Operations plant in Maryland.

Closing the Lordstown plant resulted in the immediate layoff of about 1,600 American workers, and since 2017, GM has laid off about 4,500 American workers in Ohio. The GM plant closure is also expected to leave more than 8,000 American workers jobless in Lordstown and the surrounding area, as well as cut out about $8 billion in economic activity in the area. Already, more than 900 workers in supporting industries have been put out of work.

Posted by Besoeker 2019-06-01 02:52|| || Front Page|| [17 views ] Top

In other news from April, 2014. Sure glad the U.S. taxpayer bailed these people out. BTW, Ford Motors didn't take any bailout moneny.

U.S. government says it lost $11.2 billion on GM bailout

Posted by Besoeker 2019-06-01 03:04|| 2019-06-01 03:04|| Front Page Top

#2 Would those be European only parts that won't be tariffed on re-entry?

Posted by Skidmark 2019-06-01 03:58|| 2019-06-01 03:58|| Front Page Top

#3 UAW...

Posted by Angairong Flavigum3253 2019-06-01 04:27|| 2019-06-01 04:27|| Front Page Top

#4 South Korea is not subjected to US tariff AFAIK.

But this tells you the true flavor of GM thinking.
That's why I refuse to buy GM products now, even though I have owned a couple GM vehicles in the past.

Posted by Seeking Cure For Ignorance 2019-06-01 04:39|| 2019-06-01 04:39|| Front Page Top

#5 So GM has a broad as CEO - worked well for Hewlett Packard, didn't it?

Posted by Raj 2019-06-01 06:53|| 2019-06-01 06:53|| Front Page Top

#6 Wrong the GM (Government Motors) CEO pretty much appointed by Obama?

Posted by CrazyFool 2019-06-01 07:54|| 2019-06-01 07:54|| Front Page Top

#7 Wasnt the... (dam tablet autocorrect..)

Posted by CrazyFool 2019-06-01 07:55|| 2019-06-01 07:55|| Front Page Top

#8 Also illustrates the stupidity of free trade agreements with nations with lower wages.

Posted by Spomble Darling of the Antelope1454 2019-06-01 13:17|| 2019-06-01 13:17|| Front Page Top

01:28 Besoeker
01:20 Grom the Reflective
01:18 Besoeker
01:17 Grom the Reflective
01:12 Grom the Reflective
01:11 Grom the Reflective
00:54 Besoeker
00:52 Grom the Reflective
00:41 Besoeker
00:13 SteveS
00:06 Ululating Platypus