I know that it's easy to make anything look good when you phrase it right, but still "GM’s quarterly sales fall but show improvement from beginning of year" definitely doesn't instill confidence. With the recession already starting or about to start, things are only going to get worse. I'm worried, I won't lie.
2 replies (most recent on top)
Ford just announced a massive jobs cut in their ICE sector, which is called Ford Blue. You gotta think GM will fast follow.
https://electrek.co/2022/07/20/ev-reckoning-comes-to-ford-as-it-cuts-8000-ice-jobs-to-focus-on-electrification/#:~:text=According%20to%20a%20report%20earlier,further%20invest%20in%20EV%20development
Prepare for the great reset. That means job cuts.
Those that have worked for GM for decades know what that means. Hire in grand fashion, followed by firings in grand fashion.