Job Market Monitor
General Motors
GM in Brazil / To layoff over 1,000
The Brazilian affiliate of U.S. automaker General Motors has confirmed the layoff of more than 1,000 employees from one of the multinational’s factories in Sao Jose dos Campos in Sao Paulo state, official sources said. The decision will affect 1,053 workers, a number that includes employees who had already joined the Voluntary Resignation Program, or … Continue reading
General Motors (GM) / To cut jobs in south korea
Automaker General Motors Co. (GM: Quote) plans to cut jobs at its South Korean operations in the first quarter of next year ahead of the withdrawal of its Chevrolet brand in Europe, media reported Tuesday. GM Korea reportedly will implement a voluntary retirement scheme for about 6,000 office workers by the end of March, event … Continue reading
General Motors (GM) in US / $1.3 bln in investment will create or retain about 1,000 jobs
GM said the investment at the plants in Michigan, Ohio and Indiana will create or retain about 1,000 jobs combined, but did not say how many will be new jobs Continue reading
Car Makers in US / The federal bailout saved 1.5 million U.S. jobs a study finds
The federal bailout of General Motors Co, Chrysler and parts suppliers in 2009 saved 1.5 million U.S. jobs and preserved $105.3 billion in personal and social insurance tax collections, according to a study released on Monday. The Bush and Obama administrations loaned the auto industry, including GM and Chrysler, which is now controlled by Italy’s … Continue reading
Arizona / GM Plans Hiring 1,000 IT Workers at Computer Center
General Motors Co. (GM), amid an overhaul of its information technology operations, plans to hire 1,000 people for a new computer center in the Phoenix area, the fourth so-called innovation center, the company said today. The hiring is part of Detroit-based GM’s plan to add about 7,500 information technology workers over as many as five … Continue reading
Hiring / Ford joins GM
Ford Motor Co., has become the latest automaker to go on a hiring binge in the U.S.. Ford said it plans to hire 2,200 salaried workers in the U.S. this year – the largest increase in new salaried workers in more than a decade. The news comes on the heels of General Motor’s announcement Thursday … Continue reading
GM / Camaro production shifted from Oshawa to Michigan – 2 000 jobs at stake
General Motors is moving production of the Chevrolet Camaro from its Oshawa, Ont., plant to a Michigan facility, the company said in a statement denounced by the Canadian Auto Workers’ union as a “betrayal.” GM said Wednesday that “lower capital investment and improved production efficiencies were key factors” in the move. But CAW president Ken … Continue reading
General Motors – Hiring 3,000 Hewlett-Packard tech workers
General Motors will hire 3,000 workers from Hewlett-Packard as the carmaker moves more computer functions in-house. The move is part of a larger GM strategy to have more control over the technology it uses in cars and to run its business. The H-P employees already work on GM projects. GM says that making them full-time … Continue reading
GM beginning to reverse IT services outsourcing
GM now outsources about 90 percent of its IT services and provides 10 percent of that work in-house. Within the next three to five years, GM hopes to reverse those percentages in part by hiring “thousands” of new software developers, database experts and others globally, GM spokeswoman Juli Huston-Rough said. The IT overhaul is spearheaded … Continue reading
GM – Brazil: Extending Voluntary Layoffs
The Brazilian unit of General Motors Co. (GM) said Friday that it is prolonging a voluntary layoff program at one factory and expanding the program to a second Brazil factory. GM said in a statement that it will accept volunteers until July 2 at its Sao Jose dos Campos factory to have their contracts bought … Continue reading
GM | 700 jobs to be created at Ellesmere Port
General Motors is creating 700 jobs at its Ellesmere Port plant in Cheshire along with hundreds more in the supply chain to build the new model of its Astra compact car in the latest fillip for Britain’s car industry. The US automaker is to invest £125m in the plant after its 2,100 workers agreed a … Continue reading
GM | Job losses to come from its European business
The Guardian – GM would stick to a labour deal that limits factory closures before 2014, Girsky indicated nonetheless that there would be job losses from its European business. “We know in the future that there may not be the same amount of people here as there are today. It is important that we create … Continue reading
GM | Volt | 1300 Temporarily Layoffs
General Motors will temporarily lay off 1,300 workers for five weeks at one of its Detroit plants. The car maker confirmed to FOX Business Network that the layoffs will run from March 19 to April 23 and will coincide with halts in the production of GM’s Chevrolet Volt and the Opel Ampera. The company said … Continue reading
Obama striking out on ‘green jobs’ program | islandpacket.com
General Motors stock acquired by the federal government in exchange for debt repayment is trading for about half the value used in the conversion calculation, while the stock market is significantly up for the year. If that stock were sold today, the taxpayers would lose $14 billion. Then there is Solyndra. Enough said. One year … Continue reading
A Million Jobs – NYTimes.com
The American economy was terrifyingly close to the brink in 2008 and 2009, and the impending collapse of General Motors and Chrysler threatened to be the final push. When the companies begged the federal government to save them from financial catastrophe, President George W. Bush and later President Obama ignored strong Republican objections, saving a … Continue reading
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