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GM-Chrysler merger off, but more layoffs on the way
By
Martha Grevatt
Published Nov 14, 2008 9:13 PM
Between Chrysler and General Motors, it’s hard to say where the
collective sigh of relief was the loudest. On Nov. 7 GM announced that talks on
a possible merger of the two automakers—which would have wiped out
thousands of jobs at both companies—was off. At the same time, the
headlines announced yet more layoffs at the Big Three and their supplier
plants.
In the past week the following cuts have been announced: 2,000 salaried and
3,600 hourly workers at GM; 2,000 salaried workers at Ford; 500 at
Chrysler’s advertising agency, BBDO North America; and among parts
makers, 200 at Meridian Automotive Systems, 2,000 at Dana, 1,250 at
ArvinMeritor and 800 at Visteon.
These are on top of all the previously reported cuts, some of which have
already gone into effect. Workers at Chrysler’s St. Louis minivan
assembly plant will receive their final paycheck this month.
By the time this paper goes to press there will probably be more layoff
announcements. The industry analysts are busy speculating about a possible
bankruptcy of one or more of the Big Three if they don’t get federal aid
fast. Any funds that become available for “retooling” will be used
to modernize the operations so as to eliminate, not protect, existing jobs.
The laid-off and soon-to-be laid-off workers were no doubt a factor in Barack
Obama’s sweep of the Great Lakes industrial states. Now the task is to
take that incredible anti-racist sentiment and unite the workers around a
program of jobs before profits and money for worker-community control of the
plants.
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Verbatim copying and distribution of this entire article is permitted in any medium without royalty provided this notice is preserved.
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