GM aid at risk if Canadian job cuts hit 4,000

Article Abstract:

The implications of layoff of 4,000 employees by General Motors of Canada Ltd. (GM) on the aid received by the company from the Ontario Economic Development ministry are discussed. According to the terms of the aid, GM would not be required to refund any amounts provided it manages to employ on an average 16,000 employees for the coming 9 years.

Canada, Product standards, safety, & recalls, Government expenditures, Standards, Economic aspects, Donations, Layoffs, Layoff, General Motors of Canada Ltd., Government finance, Ontario. Economic Council

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GM set to unveil cuts for Canada

Article Abstract:

The planning of automobile company General Motors Corp. to close its plants in Canada and to eliminate 25,000 workers across North America is discussed.

United States, Plant shutdown, General Motors Corp., GM, Facility closures

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Zetsche warns deeper cuts needed to stem losses at Chrysler Group

Article Abstract:

DaimlerChrysler AG chairman Dieter Zetsche's plan to cut jobs and close some plants to cut down costs is discussed.

Management dynamics, Executive changes & profiles, Management, Officials and employees, Germany, Company business management, Zetsche, Dieter, Daimler AG, Downsizing

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