General Motors has laid off roughly 170 employees from the GM Flint Engine Operations facility in Flint, Michigan, per a new report. According to local CBS news affiliate WNEM, the layoffs at the General Motors facility were the result of a supply chain issue.
https://gmauthority.com/blog/2021/02/general-motors-lays-off-170-employees-at-flint-plant/
Huh, read just yesterday in the WSJ that per GM the bulk of the semiconductor supply issue was in the rear view mirror and soon after they are laying folks off due to “supply issues”? Wonder if there is more to this story than is being published by the media? Like maybe GM wants to save cash or cut inventory of certain product that isn’t selling as well as trucks to help their books.