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Posts Tagged ‘gm job cuts’

When it Comes to Jobs, Automakers Give – and Take Away

Industry announces plans for 12,000 jobs long-term, but cutbacks costing thousands now.

by on Sep.25, 2017

Mercedes is one of the automakers getting set to expand U.S. operations and create new jobs.

If you’re looking for a job at an auto assembly plant, hang tight, there will be thousands of new openings over the next several years. But for now, you might want to look elsewhere.

The auto industry was one of the sparks that helped set fire to the U.S. economy after the Great Recession, and since just the beginning of the year, manufacturers ranging BMW to Volvo have announced plans to add at least 12,000 new jobs as they add new U.S. assembly plants or expand existing ones.

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Slowing Auto Industry Threatening to Drag Down U.S. Economy

Automakers continue to cut production as sales slow.

by on Jun.15, 2017

GM is extending the summer shutdown at some plants, including this one in Fairfax, KS.

The U.S. auto industry was the little engine that could during the country’s recovery from the Great Recession, but it now may be turning into the anchor on an economy once again starting to sputter.

U.S. factory output slipped by 0.4% last month, a sharp turnaround from the 1.1% increase in April, the Federal Reserve reported on Thursday morning. While some industries continue to show strength, the weak figures for May coincide with growing production cuts by the U.S. auto industry.

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And the auto industry is facing still more jobs cuts in the months to come, industry analysts warn, especially if car sales don’t level out. GM, for one, has announced that it will extend its normal, two-week summer shutdown to as much as five weeks at some plants in the Midwest.

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GM Adds to Growing List of US Auto Jobs Cuts

Weakening car sales could boost total.

by on Jun.01, 2017

As many as half of the workers at GM's Warren, MI transmission plant could be idled.

General Motors said Thursday that it will eliminate one of two shifts at a transmission plant in Warren, Michigan. The announcement is expected to put about 300 workers on indefinite layoff, or roughly half the plant’s total hourly workforce.

The move comes at a time when U.S. new vehicle sales are faltering after three record years – GM also on Thursday reporting its May numbers were off about 1% compared to year-earlier sales. The decline has been especially severe on the passenger car side of the ledger, as millions of Americans shift from sedans, coupes and sports cars to SUV, crossovers and pickups.

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GM already has been responding by trimming production of slower-selling vehicles, such as the Chevrolet Malibu, so “Recent actions to reduce passenger car production have caused us to adjust transmission production,” the maker said in a statement.

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Designer Dave Lyon Also Out at GM

Was to have headed Opel/Vauxhall.

by on Jul.30, 2012

GM designer Dave Lyon with the GMC Acadia Denali at the 2013 Chicago Auto Show.

The revolving door at General Motors continues to spin ever faster.  And designer Dave Lyon is the latest to fly out onto the street.

His unexpected departure was confirmed just as GM announced the “voluntary” termination of global marketing chief Joel Ewanick.  But at least a half-dozen other senior executives have either left or been shoved out from the maker’s global empire in recent weeks, including the head of GM’s battery-car program.

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The 43-year-old Lyon was considered a rising star within the GM design world and could have firmed up his future in the assignment he was expected to take in the coming days as head of styling for the troubled Opel/Vauxhall subsidiary.

Lyon had already earned a solid reputation for his work on products as diverse as the GMC Acadia Denali and the new Cadillac XTS.  He oversaw development of the interior design for the Chevrolet Volt plug-in hybrid, as well.

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GM Cutting 100 R&D Jobs in Detroit

Faster work – fewer jobs.

by on May.02, 2012

GM engineers work on a prototype fuel cell stack.

General Motors, in a bid to save cash and expedite the development of new technology, is restructuring its research and development efforts – but the move is going to be felt in the form of job cuts, especially in suburban Detroit.

As part of the shake-up, GM is reducing the size of the research and development staff based at the GM technical center in Warren by 25% and closing a research center in Bangalore, India.  GM officials said the goal of the restructuring is to bring innovations to the market faster.

“It’s very competitive now,” said GM spokesman Dan Flores.

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The changes follow a shift in the leadership at the research and development group. Alan Taub, who had been in charge of R&D, was replaced by John Lauckner on April 1, Lauckner will also serve as GM’s chief technical officer, GM officials said.

As part of the reorganization, the size of the research and development staff will be cut to 300 from the current level of 400. The research center in Bangalore, which employs 90, will be closed completely and the work now underway in Bangalore will be reassigned to other parts of GM’s research and development network.

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GM Could Cut More White-Collar Jobs

Maker wants to match margins of rivals like Ford, Hyundai.

by on Dec.29, 2011

GM's goal of boosting margins could mean significant white-collar job cuts.

Like a late-to-the-party Grinch, General Motors could sap some of the holiday cheer from its white-collar workforce.  Frustrated that it isn’t generating the sort of profit margins seen at some of its key competitors, GM is looking at ways to boost its efficiency – which could mean more cuts in its salaried staff.

That’s one of the possibilities under study by the Miami-based management consulting firm Hackett Group, which GM has hired to explore its options, reports the Bloomberg News Service.

For the first three quarters of 2011, GM delivered a 5% operating margin, compared with 6.7% at Ford Motor Co., 7.7% at Volkswagen and 10% for Hyundai.  As part of his Power 88 Plan, announced earlier this year, Nissan CEO Carlos Ghosn declared a goal of boosting the Japanese maker’s margins to 8% — along with an 8% global market share target.

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A GM official would not provide details of GM’s strategy to boost margins, nor even confirm Hackett’s hiring but did acknowledge to Bloomberg’s Dave Welch that under CEO Dan Akerson, “We are streamlining our business, looking for efficiencies,” adding “there will be some headcount reductions” on a global basis.

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