Industry Experts and Plants

jobs: Some 8,000 salaried employees and 6,000 hourly workers will either lose their jobs or be reassigned to other plants, and more layoffs are likely on the horizon, industry experts said, according to CNN. GM is reinventing itself. That quest hit a major pothole Monday when General Motors announced it would slash its workforce and shut production at five North American facilities in Ohio, Michigan, Maryland and Ontario, Canada. It's cutting 15% of its salaried workers and shutting 5 plants in North America GM's move marks the first rounds of US plant closings since 2010, though the automaker has eliminated shifts and laid off workers at some US plants since early 2017 -- including at the Lordstown, Ohio, and Hamtramck, Michigan, plants now slated to be closed. The company did not say how many jobs would be eliminated or when the downsizing would take place. The retrenchment follows Ford's announcement last month of a reorganization of its global salaried workforce. (news.financializer.com). As reported in the news.