GM to Cut 30,000 Jobs, Close 9 Plants

Saw this this morning....and all I can say is it's sad but 30,000 jobs being cut so that GM can stay afloat versus all the jobs at GM if they go completely out of business is the lesser of two evils.

Very sad though that all those people will have to find new jobs. Especially the ones close to retirement. :

I'm afraid this is just the beginning of the end for American Car makers.

Optimist that I am - I hope it's the start of a national health insurance plan, so American corporations can compete on a more equal footing with other nations.

a commentator on MSNBC stated this morning that general motors might shift much of its production to china and perhaps even become a chinese company.
when i bought my last car - in 1999 - , i bought an olds intrigue, based on some rather favourable report in consumer report. little did i know that i'd be buying an "instant antique".
so far the car has been performing quite well, but it's a little hard on the gas in winter. hbg

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It's been known for years that General Motors is one of the worst managed corporations in American. Several airlines also hold that honor.

We have overpaid, under qualified top executives running too many corporations. They only worry about the value of their stock and the next quarter's performance. Things won't change until we get a change in the quality in management.

Sometimes I think MBA degrees and bean counters can be the kiss of death to American commerce. Look what our first MBA president, George Bush, has done for us.

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Yep, Oklahoma is suffering from one of the nine closings. It's all they talk about lately. It's unfortunate, but needed. I'd prefer the GM plant to close than the airforce base, which was another recent scare.