GM Prepares New Layoffs Starting Next Week

The reduction in GM’s contract staffing is part of a bigger effort to reduce the automaker’s overall costs, sources familiar with the initiative told Automotive News. The number of contract workers who will be dismissed is unclear, but it could be several hundred, one source said.

GM spokesman Tom Wilkinson acknowledged that the automaker will have some contract cuts coming up, but declined to provide details.

Separately, the automaker is trimming its salaried job costs by 20 percent. To meet that goal, GM needs to eliminate about 15 percent of its U.S. salaried jobs — or about 5,000 of the 32,000 positions that exist today, a source said.

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CRS2112 - 9/30/2008 12:30:54 PM

+3 Boost

Layoffs are never good no matter what the company. Let's hope that anyone layed off bounces back on there feet quickly.

t_sotello - 9/30/2008 1:57:32 PM

+1 Boost

"STAR SEARCH" irregardless is not a word. F.Y.I.

AmazonPrinceIS350 - 9/30/2008 2:38:13 PM

0 Boost

GM is like Bush, they don't want to admit they have made some serious mistakes over the years but will do anything to get you into an Escalade when they know damn well your family will fit in a Camry.........I mean Malibu!

Type707 - 9/30/2008 4:31:42 PM

0 Boost

Sheesh...what else is new?...Wasn't Hummer selling its factories a couple of days ago?