GM is next..
https://jalopnik.com/fiat-chrysler-is-laying-off-a-huge-chunk-of-its-workfor-1842481669
5 replies (most recent on top)
Temporary layoff across the board. Envision everyone to take 2-4 weeks off, as it it didn't exist.
Back to work after.
Everyone in GM should be concerned, especially since nobody is buying cars right now.
Congratulations. You just described every business in the country.
If we are not producing vehicles, and sales have fallen off a cliff we should be concerned....
When projects are getting deferred or cancelled but nothing is taking their place, we should be very concerned...
and in a sign this is going to be a marathon, and not a blip on a quarterly report, we have tapped all available credit. Which sounds good - but they did not borrowing $16 billion just to help you stockpile toliet paper.
Everyone I know who was let go in the purge last year has landed in a great job. It wasn’t hard with their GM experience. Maybe instead of trolling you should focus on why no one else would hire you?