Just in case you weren’t sure, General Motors is in trouble. Big trouble. On top of all the other trouble you’ve no doubt heard about they are now planning to cut 10,000 jobs. Yesterday’s rumors are fact this morning as the flagging former giant begins to face the music.
General Motors Corp., the largest U.S. automaker, plans to eliminate 10,000 salaried jobs globally, people familiar with the situation said.
The situation is fluid (except for the cuts, which are solid as can be).
General Motors Is Said to Plan to Eliminate 10,000 Jobs [Bloomberg]
too live, didn’t crew
anyone know the difference between an auto worker and a large pizza?
GM had 10,000 employees left?
too planned, couldn’t eliminate
@2
What is the difference between an auto worker and a large pizza?
when is the axe comin down at MS today?
They’re always laying off salaried workers and never the union guys. Eventually you’ll have just the CEO and thousands of union workers.
I have a feeling this is the day Gasbags hops on the F train
OBAMA IS OUR SAVIOUR!!!!
Seriously…the mkt is going down in a straight line. Unless TG mentions doing away with mark-to-market at 11, theres not much he will say to make us rally.
I’ll say it again…short every time Obama takes the mic. Was good for 50bps in the futes from 7pm – 9pm last night.
I might really worry about this if I didn’t know how outstanding Detroit’s city government is.
@5
a large pizza can feed a family of four!
this joke is a bit tasteless though..
9 Did you go long every time W took the mike? If so, you wouldn’t be here to tell it. You ignorant slob.
hmm, maybe if GM didn’t make horrible cars that no one wants and could control its costs they wouldn’t be in this mess. FORD blows too.
even Bush used to look better than BHO did last night. absolutely awful.
9-
Enough with the Obama complaints. He’s The Messiah, dammit. You don’t have a clue how difficult it is to be The Messiah, with all the “spreading the wealth around” and “making foreign nations like us again” that he’s been doing.
The stock market is the creation of Whitey and is nothing more than a measure of the power of Whitey to oppress Followers of The Messiah. The fact the market is going down in a straight line is a direct refection of the power of The Messiah. Think of “the market” as “the oppression index.”
@14 mister president what do you think about a-rod? W T F !
15 – damm you lilly-livered liberals and your Messiah. Whitey is, and always will be, the Great Oppressor whether overtly or covertly. Deal with it.
@14,@16 Helen Thomas crazy old aunt in the attic
Situation is flaccid you say?
Limp dicks sink ships!