Discussion»Statements»Rosie's Corner» Upon news of the layoffs of 14,000-15,000 employees GM stock rose sharply. 5 plants will close. Prez is bigly angry. Are you too?
I'm wondering if the losses reduce the production output ... or if robotics are taking over most of those jobs ... or if they are opening plants overseas, where they can compete without the higher tariffs on steel/aluminum.
I dunno Walt but the prez is PI**SED. As usual he takes it as a slight to him since tons of time ago he PROMISED to bring auto jobs back, steel jobs back and cavemine jobs back! Welcome to 1948 ! Thank you for your reply! :)
Do you know how prices and markets work? It has nothing to do with Trump. The price rose due to an expected increase in profitability. It's very unfortunate that those jobs will be lost, but you can't pin this on your favorite punching bag.