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GM, Ford job cuts closing in on 50% in U.S. - Chrysler not far behind
In 2002, General Motors had 177,000 employees in North America. By the end of 2008, that number had shrunk to 93,000, or 49% fewer employees than it had just six years earlier. GM plans to further cut its white collar workforce by 3,400 by May of this year, and the General is looking to cut 10,000 white-collar posts globally by the end of 2009. That will make nearly 100,000 GM jobs lost; enough people to fill the University of Michigan football stadium. Ford and Chrysler have also resorted to heavy cuts in the face of shrinking market share ... Read more →
Ford Credit looking for its own Way Forward Damon Lavrinc
The cutting and slashing continues over at FoMoCo's finance arm, Ford Motor Credit. On Tuesday they announced the closing of 59 offices within the U.S. and the elimination of 2,000 jobs from its 8,500 ...
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GM, Ford job cuts closing in on 50% in U.S. - Chrysler not far behind 10 months ago on Autoblog
In 2002, General Motors had 177,000 employees in North America. By the end of 2008, that number had shrunk to 93,000, or 49% fewer employees than it had just six years earlier. GM plans to further cut its white collar workforce by 3,400 by May of this year, and the General is looking to cut 10,000 ...
Ford Credit looking for its own Way Forward 3 years ago on Autoblog
The cutting and slashing continues over at FoMoCo's finance arm, Ford Motor Credit. On Tuesday they announced the closing of 59 offices within the U.S. and the elimination of 2,000 jobs from its 8,500 strong workforce in the United States and Canada. Additionally, the number of regional offices ...
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