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General Motors will lay off 15% of its workers and close five plants in North America.
The company announces that she "is transforming her global workforce to make sure she has the right skills for the present and the future, while promoting the 39; efficiency through the use of the best tools of this type. "
Michelle Krebs, an badyst at Autotrader, said the company" is looking to anticipate a potential crisis making cuts now. " This is due to the weakening of the Chinese market and weak demand in North America, whose countries were the most powerful.
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In part, this decline is due to the fact that "they have taken longer than other brands such as Ford and Fiat Chrysler to focus on traditional models and replace them with electric vehicles," he said. declared. Krebs
According to ABC, three of the five badembly plants to close are: Oshawa Assembly in Oshawa, Ontario, Canada, Detroit-Hamtramck Assembly in Detroit and Lordstown Assembly in Warren, Ohio .
These closures, in addition to generating unemployment, also jeopardize the production of models such as the Chevrolet Impala, the Buick LaCrosse, the Cadillac CT6 and the Chevy Cruze.
Although some recognize it will mean a change of direction the needs of the future, others think that this will result in a collective loss of industry talent.
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The site mentioned above that Rebecca Lindland of Kelley Blue Book had stated that this measure "has a huge cost to the people and communities they depend on genetically modified plants for their economic sustainability."
"Although this may be a market need, I'm worried about the brain drain: a loss of valuable knowledge and experience as a legacy of GM's long-term employees. They are fired, "he said. declared.
As for the shares of General Motors, they were trading at 5.6% more at noon Monday at 37.94 dollars per share.
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