Tag: layoffs

By on June 27, 2017

VW logo, Image: Volkswagen

Volkswagen Group is continuing to clean house and has made plans to eliminate a significant number of its management staff using the same “early retirement” tactics offered to its longstanding labor force. It’s another obvious attempt on VW’s part to remake itself into a younger, forward-thinking automaker following the diesel emissions scandal — and save itself some money in the process.

While the layoffs aren’t explicitly targeted at Germany, the majority of outgoing managers will certainly come from its European workforce. Volkswagen has declined to comment on the exact number of hangers-on potentially affected by the plan.  (Read More…)

By on May 16, 2017

Ford badge emblem logo

The Ford Motor Company is allegedly preparing for a sweeping reduction of its global workforce. Harder days for the auto industry have been a long time coming, but reports claim the impending layoffs are specifically related to shoring up finances and turning around the company’s lagging stock valuation — meaning Ford could be the canary in the coal mine or a lone company desperate to bolster its own profitability and get angry shareholders off its back.

While the automaker has not yet confirmed the cuts, there is every indication an announcement will be made soon. When confronted with the matter, representatives have been careful to make noncommittal statements and doubly cautious not to deny anything.

“We remain focused on the three strategic priorities that will create value and drive profitable growth, which include fortifying the profit pillars in our core business, transforming traditionally underperforming areas of our core business and investing aggressively, but prudently, in emerging opportunities,” Ford said in an official statement. “Reducing costs and becoming as lean and efficient as possible also remain part of that work. We have not announced any new people efficiency actions, nor do we comment on speculation.”  (Read More…)

By on May 10, 2017

General Motors HQ

Automakers are seeing diminished interest in product as market demand levels off after years of post-recession growth. While some analysts are heralding an industry-wide doomsday, others have cited this as an inevitable market ebb with no cause for alarm. Either way, domestic and foreign automakers have begun scaling back production efforts.

In the United States, Ford recently announced layoffs at its Ohio truck plant and General Motors may be following suit by eliminating 1,100 employees at the Delta Township Assembly Plant near Lansing, Michigan.

GM’s newest U.S. factory was already scheduled undergo retooling for the 2018 Chevrolet Traverse and Buick Enclave crossovers. However, when the plant reopens this June, there’s a good chance that third-shift employees won’t be returning. (Read More…)

By on March 6, 2017

General Motors HQ

General Motors has said it will discharge 1,100 employees at its Lansing Delta Township assembly plant in Michigan in May. Last year, America’s largest automaker announced an additional 800 jobs at its Spring Hill plant in Tennessee to aid in production of the updated GMC Acadia. However, those positions seemed to have come at the expense of its Michigan workforce.

The cuts come after GM’s promise to invest another $1 billion into U.S. factories earlier this year. President Trump has insisted that American car builders manufacture more product within the country while condemning any ventures in Mexico. While General Motors may be shifting production south, it’s not so far south as to garner any presidential ire. The automaker has claimed that the billion dollar investment would maintain or create 1,500 U.S. jobs. Still, the net employment loss in this instance does not seem to reflect that.  (Read More…)

By on November 18, 2016

VW logo

Volkswagen has reached an agreement with its workers to cut 30,000 jobs as it tries to restructure the company for the future. The decision comes as VW faces a watershed moment in the wake of a self-made disaster.

(Read More…)

By on April 7, 2016

Chip Perry

When TrueCar president and CEO Chip Perry announced a revamp of the car-shopping site, he failed to mention one big change: layoffs.

According to a source and confirmed by TrueCar, an undisclosed number of the company’s employees — mostly located at its headquarters in Santa Monica — received layoff notices yesterday.

(Read More…)

By on April 30, 2015

2011 Chevrolet Camaro Convertible at the Oshawa Assembly Plant

First announced December 19, 2012, GM Canada’s Oshawa Assembly facility will officially cease production of the Camaro on November 20, 2015 in conjunction with the car’s next generation, GM announced today. Camaro production remained at the Oshawa plant a year longer than initially promised in 2012.

Assembly shifts will be reduced from four to three between the “Flex” and “Consolidated” lines. Currently, the “Flex” line is on three shifts while the smaller line is on one shift. GM Canada will “begin a voluntary retirement canvass” to reduce worker head count before implementing any layoffs. GM Canada President, Stephen K. Carlisle, stated “60 percent of our hourly workforce are nearing retirement” age and the company will offer incentives to eligible employees looking to retire early.

(Read More…)

By on March 10, 2015

tesla-china-charger-620x350

Tesla may be denying delays in the construction of its Gigafactory, but the automaker’s not holding back on firing 200 employees in China due to poor sales.

(Read More…)

By on December 9, 2014

Lansing_Grand_River_Plant

General Motors will lay off 100 more employees from its Lansing Grand River facility next month, joining the 350 already scheduled for said action.

(Read More…)

By on November 12, 2014

2015 Cadillac ATSs at Lansing Grand River Assembly

A total of 510 employees will be laid-off beginning in January, the result of two separate actions linked to production and inventory concerns.

(Read More…)

By on September 29, 2014

National-Electric-Vehicle-Sweden

With the Saab name reclaimed by the mothership, a host of financial problems, and no product beyond a 10-year-old platform, what else is left for National Electric Vehicle Sweden to do? If you said, “Tap out,” then you just might see that hand pounding the mat rather quickly.

(Read More…)

By on August 12, 2014

VW XL1s

Volkswagen AG execs will have to go back to the drawing board to determine where to cut costs after its works council demanded outside consultants be shown the door.

(Read More…)

By on March 5, 2014

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Poor sales of the Dodge Dart have led to temporary layoffs at the auto maker’s Belvidere, Illinois plant, where the Dart is produced. Despite Chrysler sales being up 11 percent last month, sales of the Dart were down 37 percent.

(Read More…)

By on February 10, 2014

Toyota Landcruiser 70 Troop Carrier Workmate

Toyota announced Monday that as of 2017, the automaker will no longer manufacture any of their vehicles in Australia, driving in the final nail to the coffin containing the nation’s local automotive industry following similar announcements by Holden and Ford.

(Read More…)

By on December 17, 2013

Volvo assembly line

You’ve probably seen the video that Volvo produced with actor and martial artist Jean Claude Van Damme performing one of his famous splits, while perched on the side mirrors of two Volvo semi trucks demonstrating Volvo Trucks’ “Dynamic Steering”. The video quickly went viral in the automotive and general worlds, with millions of people seeing it in the first few days after release. Now some Swedes are wondering if the timing of the video’s release was calculated to deflect attention from layoffs at the truck maker. Right around the same time that the video was going viral, it was announced that 380 temporary workers will be laid off from Volvo’s plant in Umeå, while another 100 jobs will be lost at Volvo Powertrain in Skövde . (Read More…)

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