Trump says he isn't happy with General Motors' decision to shed 14,700 jobs
General Motors has announced it will halt production at five North American facilities and cut 14,700 jobs as it deals with slowing sedan sales and the impact of Donald Trump’s tariffs.
More than 6,000 blue-collar jobs will be hit by GM plans to stop production at a car plant in Canada and two more in Ohio and Michigan. Two transmission plants in the US will also be mothballed, putting the future of those plants in doubt, the Guardian reports.
The cuts will also include 15% of GM’s 54,000 white-collar workforce, about 8,100 people, and come as 18,000 GM workers have been asked to accept voluntary redundancy.
Trump, who won over voters in many of the states affected by GM’s decision by promising to save their jobs, told reporters he was not happy with the decision. “We don’t like it,” he told reporters. “This country has done a lot for General Motors. They better get back to Ohio, and soon.”
Mary Barra, GM’s chief executive, was due to meet with top White House economic adviser Larry Kudlow later on Monday.
“We are taking this action now while the company and the economy are strong to keep ahead of changing market conditions,” Barra said in a conference call. GM’s share price rose 5.5% on the news.
The car plants – Lordstown Assembly in Ohio, Detroit-Hamtramck Assembly and Oshawa Assembly – all build slow-selling cars. Trump held a rally close to the Lordstown plant in July and told workers not to sell their homes because “jobs are coming back”.
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