The New Conversation

  • Conversations

Is this really about rising health care costs?

November 21, 2005 by Walter

Tweet

It is interesting that when companies misread the market causing sales to slump, lay offs are always tied to the burden of the workforce. Wouldn’t it be refreshing if they just admitted they screwed up and fixed the problem.

They could be a model for other companies, be the solution not the problem.

Rick Wagoner, chairman and CEO of General Motors Corp. announces plans at the company's headquarters in Detroit, Monday, Nov. 21, 2005 to cut 30,000 manufacturing jobs and close nine North American assembly, stamping and powertrain facilities by 2008 as part of an effort to get production in line with demand and return the company to profitability and long-term growth. Wagoner said GM also will close three service and parts operations facilities as part of the manufacturing cuts. (AP Photo/Carlos Osorio)AP – General Motors Corp., pounded by declining sales and rising health care costs, said Monday it will cut more than a quarter of its North American manufacturing jobs and close 12 facilities…

Read the rest of this post from Yahoo! News: Top Stories

Filed Under: business, conversations

New Conversations

Recent Posts

  • Make Stress Your Friend
  • Human Centered Design
  • Your Body Language Shapes Who You Are
  • John Maeda: How art, technology and design inform creative leaders
  • Rob Legato: The Art of Creating Awe