General Motors announces a bundle of 27,000 workers to save $ 6 billion Economy



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American American General Motors engineer named Monday there 15% of its employees cut as part of the main restructuring to saves 6 billion dollars by 2020, to be suited to "changing market settings".

The plan, which will eliminate with just 180,000 employees of the company in the world, including Three collection plants are closed in North America in 2019, including a man in Ontario, Canada, and the rest in the United States.

In addition, MG is expected to complete activities in other production plants, including outside North America, with the aim of "to prioritize investments in the future" for the next generation of electric vehicles.

"The actions we continue to continue to make our transformation be quick, sustainable and profitable, and provide flexibility for future investments , "said the company's business director, Mary Barra, in a statement.

At the same time, US President Donald Trump said to encourage the industry sector to stimulate economic growth, saying that it was "happy" with the news.

According to the president, he sent out to Barra in communication. And he said: "They have a lot of pressure."

Long-term looking

A MG executive director explained for his decision: "We recognize that the changing market situation needs to be looked at and to consumer preferences to set our company for long-term success. "

The company said, because the number of vehicles is there; at the moment is better done, "more than 75 per cent of GM totals are expected. from five car architects in the early ten years"

So, MG aiming to focus on & # 39; make the most profitable vehicles, such as vans and SUVs. In a call with investors, Barra said that some of the modules, such as the Chevrolet Cruze, are now available in North America.

Another result of the plan is its financial performance impact. company in the last quarter of 2018 and its # 39; the first of 2019. The special interest will be between 3,000 and 3,800 million dollars.

"Heart and soul" of Oshawa

The restructuring of sweeping away will include 15% of 180,000 jobs, including cutting of 25% of staff in executive roles to "quicken decisions" faster.

Currently, an Oshawa-based Canadian planting center employs around 3,000 workers.

Shortly after the spread of the MG plan, Prime Minister Justin Trudeau, he was "extremely sad" with the company's decision.

"MG staff have been part of the heart and soul of Oshawa for generations, and we will do everything we can to help families affected by these stories get back on their feet, "wrote Trudeau on Twitter.

In the water, staff at the plant had a " Showing after news releases, and access access to trucks.

"Learn the media ahead of us to know; it's a slap, "said Jackie, who has been with the company for seven years." This will affect many people, restaurants and merchants at home, "he said.

Hundreds of staff, some crying, found themselves in the local union, Unifor, who met the directors to the. early afternoon manager.

"We will fight with dentistry and cairn next year"President of Independence Jerry Dias, who represents staff at Oshawa's plants, said to a news conference at a news conference.

According to the director, he will meet Trudeau. "Let's tell that government we need to use all the methods, tools, all government power to make sure General Motors understand that it will not be This country's revolt again, "he said.

GM had already announced plans to stop work at her plant in Gunsan, Korea.

MG sector prices ceased before being announced. When it starts, 20 minutes later, Stock prices show an increase of more than 6%.

The restructuring of a similar move with Ford is the number of modules that it will be; to reduce it.

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