After getting $824M in state aid, GM to cut 900 jobs at Orion Assembly

Comments

• catchy_name@feddit.it ⁨11⁩ ⁨months⁩ ago

  www.cnbc.com/…/gm-buyback-dividend-guidance.html

  This is the same GM that just bought back 10 Billion worth of its stock.

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• Nomad@infosec.pub ⁨11⁩ ⁨months⁩ ago

  Well … you can’t keep up unpeofitable practices that were the reason for needing state help anyways. I guess they could keep a bloated workforce and keep asking for more state help. :/

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  • CowsLookLikeMaps@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

    If I’m hearing you right, you’re saying that they received almost a trillion dollars in state aid because they over-hired?

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