Thread regarding General Motors layoffs

GM beats earnings estimates again

It’s a critical time for the U.S. auto industry—and General Motors earnings showed it’s navigating splendidly. GM stock was rising.

These are not easy times to be an auto maker. Companies are battling for electric-vehicle market share in the face of changing regulations, a slowing economy, rising interest rates, and higher sticker prices…

https://www.barrons.com/amp/articles/general-motors-gm-earnings-stock-price-d782f21a
by
| 1911 views | | 12 replies (last May 4, 2023) | Reply
Post ID: @OP+1mjh27fR

12 replies (most recent on top)

Great news from GM...GM lays people off.
Let's just hope we don't hear any other good news.

by
| | Reply
Post ID: @9rye+1mjh27fR

GM stock soon to be sub $20. You don't have to like it, just watch for it. When it occurs, just scratch your head and wonder why it happened.

You won't remember this post, but I'll know you were warned. DYODD.

by
| | Reply
Post ID: @8fer+1mjh27fR

"Morgan Stanley upgrades GM, stock sees a boost"
Stock went up 44 cents to $33.48.
What was GM stock worth 10 years ago on May 1, 2013? $33.89
Why not buy GM stock? It pays a generous $0.09 per share!
LMAO Don't want to cut into Mary's $29 million/year.
Zero stock growth despite being the largest seller & manufacturer of cars in the United States.

This is what "winning with integrity" really looks like.

by
| | Reply
Post ID: @6rbk+1mjh27fR

This is good news for the UAW since contract negotiation is this year

by
| | Reply
Post ID: @3osp+1mjh27fR

Putting Disney in its place will make everyone's lives better.

Good thing SOME people have the right priorities.

by
| | Reply
Post ID: @2efz+1mjh27fR

The party will never end. Will 2023 be a record year for GM sales?
Imagine how large our bonuses will be!
Government subsidies, universal basic income, forgiven student debt, stimulus checks and free gender surgeries for EVERYONE! We live in such magical times.
Treat yourself to a new Cadillac Escalade.

by
| | Reply
Post ID: @2oxv+1mjh27fR

Is it true that marry and johnson have taken vsp

by
| | Reply
Post ID: @1lha+1mjh27fR

Investors are not buying the MB BS anymore. Big hat no cattle.

by
| | Reply
Post ID: @1abv+1mjh27fR

Remember, one swipe, one entry. No piggybacking any lone gunmen with backpacks!

by
| | Reply
Post ID: @1rah+1mjh27fR

Nobody cooks the book or sweats the recalls like gm (proper lower case type).

by
| | Reply
Post ID: @1ogx+1mjh27fR

GM stock price is currently lower than what than the IPO price from over 12 years ago. GM has quite a PR machine.

by
| | Reply
Post ID: @blv+1mjh27fR

So if they did such a great job, why did they cut headcount?

by
| | Reply
Post ID: @bcm+1mjh27fR

Post a reply

: