|

Bankrupt GM Begins Slashing Jobs
By Harry Hanbury, American News Project Posted on June 24, 2009, Printed on December 5, 2009
http://www.alternet.org/bloggers/http://newsproject.org/140881/
The General Motors flameout has been a disaster for blue collar Americans working on assembly lines. Out of 123,000 GM workers left in North America, 20,000 are scheduled to lose their jobs.
Meanwhile, the Auto Task Force appointed by President Obama to oversee the process is led by Wall Street financiers focused on a single goal — turning a profit and getting stock prices to rise. It's an approach that has some people worried.
© 2009 American News Project All rights reserved.
View this story online at: http://www.alternet.org/bloggers/http://newsproject.org/140881/
|