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.
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…