Archive for the 'Jobs' Category
General Motors Corp. has decided to sell off $4 billion to $7 billion worth of assets and cut 20% worth of salaried cash costs in hopes of saving billions of dollars.
The Chief Executive Rick Wagoner said that these were “difficult decisions,” but necessary for the company to prevail in the weak economy that has resulted […]
430 layoffs ordered at V8 engine plant, but some workers land jobs at Ford’s busy Oakville complex.
May 23, 2008
Ford says it will trim as many as 430 jobs at its Windsor engine plant in the fallout from major new production cuts by the struggling automaker.
The company confirmed yesterday it sent out layoff notices to affected […]
Tags: Ford, Jobs, People|
Posted By: ashley | May 23rd
Interesting what some of the indirect effects of the cheap dollar are having on decisions that directly affect labor:
Toyota Motor Corp. is concerned that it has built too many factories in the United States and is considering a slowdown in its plans for further plant building here, according to a newspaper report Wednesday.
Although Toyota’s U.S. […]