Rantburg

Today's Front Page   View All of Sat 05/31/2025 View Fri 05/30/2025 View Thu 05/29/2025 View Wed 05/28/2025 View Tue 05/27/2025 View Mon 05/26/2025 View Sun 05/25/2025
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|| [11133 views ]  Top

#1 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

15:21 NoMoreBS
15:04 NN2N1
15:03 NN2N1
14:55 NN2N1
14:09 Grom the Affective
14:04 Super Hose
14:02 Super Hose
13:37 Procopius2k
13:35 Grom the Affective
13:34 Procopius2k
13:27 Grom the Affective
13:21 NN2N1
13:18 Grom the Affective
12:50 Remoteman
12:45 Secret Master
12:24 Matt
12:07 Abu Uluque
12:03 Grom the Affective
11:59 Grom the Affective
11:35 Super Hose
11:33 Super Hose
11:29 Besoeker
11:28 Besoeker
11:28 Super Hose









Paypal:
Google
Search WWW Search rantburg.com