GM Begins MASS Layoffs and Plant Closures In U.S. and Canada! 15% of Total Will Be FIRED!

What’s the most important factor for any major corporation? Profits. There is no exception. What’s the fastest way to increase profits? FIre a whole bunch of people. GM has found a way to easily increase productivity by simply closing a bunch of plants and firing all of the works in them. No problem. Creating new products and service is tedious and creates an environment of uncertainty. Firing people is immediate. Don’t worry about your stock though because the market absolutely loves it when people get fired.

GM to slash jobs and production, cancel some car models: sources | Reuters
https://www.reuters.com/article/us-gm-restructuring/gm-to-cut-car-production-in-north-america-halt-some-models-source-idUSKCN1NV1NB
GM plant in Oshawa, Ont., to shut down | CBC News
https://www.cbc.ca/news/canada/toronto/gm-oshawa-plant-1.4920241
GM to cut production at several plants, reduce salaried workforce by 15%
https://www.cnbc.com/2018/11/26/gm-unallocating-several-plants-in-2019-to-take-3-billion-to-3point8-billion-charge-in-future-quarters.html
GM 38.01 2.08 5.78% : General Motors Company - Yahoo Finance
https://ca.finance.yahoo.com/quote/gm/