Doesn't it seem some sort of physical consolidation is next? So fewer people, so much office capacity. Especially since GM considers China its future center for vehicle electrification (see slide 28).
General Motors (GM) Investor Presentation - Slideshow https://seekingalpha.com/article/4232818?source=ansh $GM
So then what will happen to that beautiful building they sunk $44 million into in Pontiac? Tear it all down ?
The company has announced that it is moving 3000 employees from Pontiac to Warren. I believe Mark Reuss was the one who announced it during his all people meeting late last year. My group has been told we are moving from Pontiac to Warren.
That rumor has been around (Pontiac & WTC merge) since they announced layoffs
I've heard Pontiac and WTC will be merged as well.
aka gm sold out to china?
They’ve made it pretty clear Pontiac and WTC are being merged