GM announces first layoffs in six years, cuts 2,000 jobs

GM announces first layoffs in six years, cuts 2,000 jobs - Nov. 9, 2016:
"General Motors is cutting 2,000 factory jobs in Michigan and Ohio -- its first round of layoffs since 2010.
The company said it will cut the third shift of production at the Lordstown, Ohio plant, which makes the compact Chevrolet Cruze.
It's also cutting jobs at the Lansing, Mich., Grand River plant where it makes the Chevy Camaro and the Cadillac ATS and CTS.
GM (GM) said the job losses will hit 1,200 factory workers in Ohio and 800 in Michigan, though some of those workers may be offered other positions.
The jobs will be eliminated in January. GM had 97,000 U.S. workers as of the end of last year.
He added that the company did not announce the layoffs before the election because it did not want to be accused of trying to affect the election results.
Related: The rich are still buying lots of cars..."