NJFBOA - Home of New Jersey's Camaros and Firebirds - View Single Post - GM OFFERS 74,000 WORKERS INCENTIVES TO LEAVE!!!!

Untamed · 02-12-2008, 10:42 AM

It does suck, but the inevitable conclusion to an inability to control costs / generate revenue, is Chapter 11, and eventually Chapter 7 (total shutdown of the business). GM has issues to work out with their cost control activities. I'm neither advocating nor condeming what you're reporting here, just reminding folks that cost control is a very real thing every company and employee must face - some are easier to swallow than others.

I don't have an alternative to continue the discussion, however a mass layoff of "non essential personell" may not be that far away for GM.

02-12-2008, 10:42 AM	#3
Untamed Join Date: Aug 2004 Location: Hillsborough, NJ Posts: 3,200 iTrader: (1)	It does suck, but the inevitable conclusion to an inability to control costs / generate revenue, is Chapter 11, and eventually Chapter 7 (total shutdown of the business). GM has issues to work out with their cost control activities. I'm neither advocating nor condeming what you're reporting here, just reminding folks that cost control is a very real thing every company and employee must face - some are easier to swallow than others. I don't have an alternative to continue the discussion, however a mass layoff of "non essential personell" may not be that far away for GM. __________________ I USED TO HAVE an 85 Camaro 305 4bbl, 90 Firebird V6, 97 Firebird V6 (10 speakers!). Despite the two family vehicles, 3 kids, wife and mortgage, I can finally realize the dream - 88 TA almost all stock... for now. http://www.cardomain.com/id/untameddave Wanted this - , but ended up with this - for free. Can't argue with free.