Thousands of Jobs Cut in One Day
Detroit, MI - General Motors will cut 2,000 jobs at plants in Michigan and Ohio and stop production for several weeks at nine plants due to slow sales. GM spokesman Chris Lee said Monday about 1,200 workers will be laid off at the Michigan plant, 800 jobs will be cut in Ohio.
Lee says the cuts are part of the Detroit automaker's continuing efforts to "align production with market demand." The plant shutdowns come about a month after GM temporarily closed twenty factories across North America due to dramatically weaker automobile demand. Some were closed for the entire month of January.
Also Monday, Sprint-Nextel announced it will cut 8,000 jobs and Home Depot will layoff 7,000 employees and close forty specialty stores in the next two months. Home Depot corporate officers will take a pay freeze. Other companies announcing layoffs Monday; Caterpillar, Pfizer and Texas Instruments.
Reported by Carrie Murphy, cmurphy@action3news.com
Lee says the cuts are part of the Detroit automaker's continuing efforts to "align production with market demand." The plant shutdowns come about a month after GM temporarily closed twenty factories across North America due to dramatically weaker automobile demand. Some were closed for the entire month of January.
Also Monday, Sprint-Nextel announced it will cut 8,000 jobs and Home Depot will layoff 7,000 employees and close forty specialty stores in the next two months. Home Depot corporate officers will take a pay freeze. Other companies announcing layoffs Monday; Caterpillar, Pfizer and Texas Instruments.
Reported by Carrie Murphy, cmurphy@action3news.com
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