Chief of GM Says He Won't 'Run and Hide' Wagoner, CEO since 2000, said Monday that 30,000 jobs will be cut — not the 25,000 he announced in June — and nine factories will be closed, along with two other facilities. And he said that he won't step aside: "I wasn't brought up to run and hide when things get tough."
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Closures Extend Beyond Michigan The restructuring plan announced by General Motors Monday is sending shockwaves through communities that have long relied on its factories. They are now bracing for the biggest round of plant closures and layoffs since 1991.
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Comment on the Changes Coming to Spring Hill General Motors has announced that one production line at the Saturn plant in Spring Hill, Tennessee, will cease operations by the end of 2006 as part of a larger plan by GM to eliminate 30,000 manufacturing jobs and reduce manufacturing capacity.
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Don't Bury GM Yet: It Has the Vehicles for Recovery General Motors Corp. builds more good cars and trucks today than it has in decades, but it's still saddled with too many losers. Its plant closures should address that and allow GM to stop diverting resources it can't afford to vehicles it doesn't need.
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East TN Companies May See Impact from GM/Saturn Production Cuts General Motors spokesman Dan Flores told WSMV-TV in Nashville he expects about 1500 of the 5700 jobs at the plant to end. The spokesman says production of the ION compact car will be moved, but the Vue sport utility vehicle will continue to be built at the plant in Maury County.
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Facts About GM's Saturn Plant Although neither union nor GM officials are saying how many jobs could be lost at the Saturn plant in Spring Hill, located about 30 miles south of Nashville, any layoffs would be the first at the plant.
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GM Closing Plants, Cutting 30,000 Jobs General Motors this morning announced deep cuts in its North American operations including the closure of three assembly plants, assembly lines at three other plants, and a host of stamping plants and distribution centers as it attempts to bring its capacity in line with market demand for its vehicles.
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GM Cuts 30,000 Workers General Motors, on the brink of a financial crisis, announced plans today to cut 30,000 hourly jobs in North America and close nine North American assembly, stamping and powertrain facilities by 2008.
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ION Production Shut Down at Spring Hill Plant The shutdown of the ION line will affect between 1,200 and 1,500 employees who work on that line, or work in other parts of the plant to feed that line. But union officials said this morning that the number of jobs eliminated will vary depending on the early retirement packages offered and the new product line that GM could bring to Spring Hill in 2007.
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Job Losses, Plant Closings Cut Broad Path The plant closings cut a swath across the manufacturing heartland, from U.S. Southern states on up into Canada. All the major plants affected were operating below capacity as of last year, Harbour Consulting reported. GM's goal is to have all facilities at full production by 2008.
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Lordstown May Get Saturn ION Car Line General Motors' Lordstown Assembly Plant may benefit from the impending closing of a Saturn assembly line in Tennessee. The Lordstown plant, which now makes Chevrolet Cobalt small cars, is being considered as the next site to build the Saturn ION when the line at Saturn's Spring Hill plant closes. A decision may come as soon as next month, according to a Lordstown United Auto Workers official.
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Rust Belt Woes Spread Wide by GM Plant Closing Saturn once billed itself as "a different kind of company" making "a different kind of car," but after a promising start, Saturn let the car's look and technology get stale. New models were finally introduced, but to mixed results. The Ion production line was shut down for at least 15 weeks in 2004 as sales failed to meet the company's expectations.
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Salaried Staffers will See Cuts Too Salaried workers at General Motors Corp. will also see their numbers fall next year, by about 7%, as the automaker continues to cut jobs through attrition, Chief Executive Officer Rick Wagoner said Monday.
Hourly workers will bear the brunt of GM's plans to stop production at 12 plants and facilities in North America by the end of 2008. Wagoner said GM wants to eliminate 30,000 hourly jobs in North America by that time.
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Saturn Employees Shocked By GM’s Announcement To Close Several Plants Employees found out about GM's cuts through meetings at the plant, but some heard the news on the car radio. "And the guy says okay, GM is closing nine plants, and they're closing the Spring Hill operations. That's exactly what he said," said Mary Gandy, a Saturn Employee. But, what she heard was not exactly accurate.
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