GM executives are set to start the layoffs on Monday of next week, with an investment strategist declaring the day "Black Monday" as thousands of workers in the U.S. and Canada will be terminated from their positions.
"Black Monday at General Motors," David Kudla wrote online. "To those who are about to separate, we salute you."
The Monday layoffs of thousands of GM’s white-collar American workers in Michigan and Ohio is just the latest component of the corporation’s laying off of 14,700 workers in North America ‐ including at least 3,300 American factory workers
In 2019, GM expects to stop production at four American plants, including Detroit-Hamtramck and Warren Transmission in Michigan, Lordstown Assembly in Ohio, and Baltimore Operations in Maryland. This comes after GM laid off about 1,500 American workers in Lordstown in 2018, while their Mexico production remained unaffected.
Though GM promised to hire recently laid off American workers for jobs at its Fort Wayne, Indiana manufacturing plant, the company has continued employing temporary workers. The United Auto Workers (UAW) is now suing.
Despite the layoffs, GM’s CEO Mary Barra has continued raking in about $22 million a year.