Job Market Monitor
GM
GM’s Layoffs – Technology-driven changes in the nature of work
News that General Motors plans to cut up to 14,800 jobs in the U.S. and Canada was initially reported as a conventional business-cycle adjustment — a “trimming of the sails.” The main causes of the cuts were understood to be slowing demand in the U.S. and China, slumping demand for sedans, and the need to … Continue reading
GM at Oshawa – To cut 1,000 jobs
General Motors expects to cut around 1,000 jobs at its Oshawa manufacturing plant by this November, the automaker said Thursday. The union representing the workers said it has been bracing for the cuts since 2012, when GM first announced it will move Chevrolet Camaro production from Oshawa to Michigan. But a heads-up doesn’t make bad … Continue reading
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
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
Brazil – GM postpones layoffs decision until Nov
General Motors Co and a Brazilian union have agreed to postpone until November a politically sensitive decision to eliminate as many as 1,840 jobs at a factory near São Paulo. The decision, following tense talks and heated reminders by Brazil’s government that current tax cuts enjoyed by the carmaker go hand in hand with a … Continue reading
GM – Investment in Oshawa facility would bring in 400 new workers
GM Canada is investing $850 million in research and development at its complex east of Toronto, an announcement hailed by the prime minister as proof of the automaker’s commitment to Canada, as it makes good on its bailout commitments, but regarded cautiously by auto workers. The investment Tuesday came on the same day a rival … 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
In The News | World growth and U.S. employment,India, layoffs at BAE, GM and Hewlett Packard, IT Hiring, Employment Insurance in East Canada, Zambia and More
World growth at risk as U.S. employment stumbles ottawacitizen.com – WASHINGTON/LONDON – The world’s economic outlook darkened on Friday as reports showed U.S. employment growth slowing sharply, Chinese factory output barely growing and European manufacturing fallin… JobMarketMon BAE Systems to axe 600 jobs | Business guardian.co.uk – BAE Systems has announced plans to close an historic factory … Continue reading
In The News | U.S. Unemployment Rises to 8.2% in May, Global Talent Pool in 2020, Layoffs at GM, Mazda, Bombardier Recreational, United Airlines and Windstream and Much More
Unemployment rises to 8.2% in May as job growth stalls again – latimes.com WASHINGTON — The nation’s unemployment rate rose for the first time in nearly a year, to 8.2% in May, as the economy added a disappointingly small number of jobs for the third straight month. The government said Friday that employers created on … 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
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