GM cutting hundreds of white collar jobs | CNN Business

“We are looking at all the ways of addressing efficiency and performance,” said Arden Hoffman, the company’s chief people officer, in a message to staff Tuesday. “This week we are taking action with a relatively small number of global executives and classified employees following our most recent performance calibration. They will be departing the company starting from today.” A person familiar with the plans said the job cuts would affect a few hundred employees.

Stellantis, which makes Chrysler, Dodge, Jeep and Ram vehicles, has indefinitely idled its Belvidere assembly plant as of Tuesday, where it built the Jeep Cherokee compact SUV. The closing plans were announced just before Christmas. It most recently had 1,200 workers on a single shift at the plant.

This is what happens when you tax them more. They already released a bunch of blue collars...

G.M General Motors Good Morning We cant loose our American brands and traditions. Theirs nothing like carburetors the smell of fuel and a V8 rumbling. Be a competitor in Business. You know how many men want to drive muscle, not electric . G.M come out with a 'throwback'…

The nearest charging station from my house is 45 minutes away.

Thanks Joe!

80% Of all electricity used to charge EV’s comes from coal, natural gas, & nuclear energy plants. The diesel required to operate all the heavy equipment that mines the elements such as cobalt, lithium, copper, & nickel used to manufacture the EV batteries cancels them out.

EVs are a vanity purchase. The future is fuel powered vehicles.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Consumer confidence slumped in February amid recession concerns | CNN BusinessAmerican consumers felt much worse about the US economy in February amid rising interest rates and concerns about a potential recession, according to the latest survey data released Tuesday by the Conference Board. And yet, turn on any morning show and hear about how travel is way up. Such a conundrum.....we're nervous about our money, let's go to Disneyland!!!!!🙄🙄🙄 what American consumers felt is irrelevant for economy how much tax they pay matters
Source: CNN - 🏆 4. / 95 Read more »

UK grocery price inflation hits record high as more stores impose rationing | CNN BusinessA measure of UK grocery price inflation soared to a record high this month — that's more bad news for consumers already facing a shortage of fruit and vegetables that has led to rationing at major supermarkets. The outrageous fleecing continues. Can we say backyard garden? or orchard? I don't reccomend a backyard slaughterhouse. Building back better
Source: cnni - 🏆 326. / 59 Read more »