After getting $824M in state aid, GM to cut 900 jobs at Orion Assembly
After getting $824M in state aid, GM to cut 900 jobs at Orion Assembly
www.michigancapitolconfidential.com After getting $824M in state aid, GM to cut 900 jobs at Orion Assembly
GM CEO claimed investment would not have been possible, except for corporate welfare
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https://www.cnbc.com/2023/11/29/gm-buyback-dividend-guidance.html
This is the same GM that just bought back 10 Billion worth of its stock.
Well ... you can't keep up unpeofitable practices that were the reason for needing state help anyways. I guess they could keep a bloated workforce and keep asking for more state help. :/
If I'm hearing you right, you're saying that they received almost a trillion dollars in state aid because they over-hired?