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GM Slashes 2000 Jobs, Suspends 3rd Shift On Bloated Inventories, Slowing Sales

Wednesday, November 9, 2016 18:34
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(Before It's News)

zerohedge.com / by Tyler Durden / Nov 9, 2016 3:10 PM

Who could have seen this coming? Just weeks after Ford idled four factories due to slumping sales and excess inventory, GM just followed by slashing 2000 jobs permanently and suspending a third shift at production facilities in early 2017.

We have warned numerous times that there is only one way this ends…

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The post GM Slashes 2000 Jobs, Suspends 3rd Shift On Bloated Inventories, Slowing Sales appeared first on Silver For The People.

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