GM announces layoffs for 340 Ohio workers

Beginning in January 2008 GM will start cutting back production at its Moraine, Ohio plant. The plant produces mid-size SUVs such as the Chevy TrailBlazer, GMC Envoy, Isuzu Ascender and Saab 9-7X. Sales have decreased on all the models, leading to the inevitable cutbacks and GM's announcement that 340 hourly workers will fall on the chopping block. The layoff will see the facility maintain its two-shift schedule, but it will reduce output by 8 vehicles per hour. Completion of the reorganization is expected by mid-March.

[Source: Automotive News, sub. req'd]