Funky Cars > US: GM ends jobs bank Monday: Automotive News & Comment
[Daily automotive news and comment - from just-auto.com] Summary: General Motors will suspend its 'jobs bank' programme on Monday - all of Detroit's Big Three automakers have now announced such a move this week.
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[Business] canadaeast.com - General Motors to end controversial 'jobs bank ...: GM spokesman Tony Sapienza said Wednesday that the 1,600 GM workers in the jobs bank will be placed on layoff and will need to file for unemployment. They'll receive about 72 per cent of their salaries, which will be paid for by state unemployment benefits and GM subsidies.
[Janesville stories: Local] GM to end 'jobs bank' Monday -- GazetteXtra: Memories will linger after .(10)
[Autonet.ca news] Autonet.ca: (NYSE:GM) says its "jobs bank" program will end Monday. The program gives union workers at the Detroit automakers most of their pay and benefits while they are laid off.
[chron.com Business] GM to end 'jobs bank Monday | Business | Chron.com - Houston ...: program will end Monday, following a similar move at Chrysler that helps satisfy the conditions the government imposed when it lent the automakers $17.4 billion late last year.
[Kokomo Tribune; Kokomo, Indiana--Local News] Kokomo Tribune; Kokomo, Indiana - GM to suspend jobs bank Monday: The workers will be put into laid-off status, where they can apply for state unemployment benefits and receive GM supplement pay. The combined checks will equal 72 percent of their compensation, said GM spokesman Tony Sapienza.
[KVAL - News - Business] GM to end controversial 'jobs bank' Monday | KVAL CBS 13 - News ...: NEW YORK (AP) - General Motors Corp.'s "jobs bank" program will end Monday, following a similar move at Chrysler LLC that helps satisfy the conditions the government imposed when it lent the automakers $17.4 billion late last year.
[Automotive Blogs] General Motors, UAW Job Bank to Close | Automotive.com General ...: Well i worked at General Motors for 30 years and have seen alot of waste and skill trades and engineers. I think things have just caught up with them and is time to regroup.
[Auto News 5] US: GM ends jobs bank Monday | Auto News 5: General Motors will suspend its 'jobs bank' programme on Monday - all of Detroit's Big Three automakers have now announced such a move this week.
[The Buffalo News: Local Business] General Motors to lay off more workers at Tonawanda plant, kill ...: General Motors Corp.’s Town of Tonawanda engine plant is laying off an additional 65 hourly workers effective Friday, citing production cuts at an assembly plant in Ohio that uses some of its engines.
[PUMABydesign001's Blog] GM To End Controversial ”Jobs Bank Monday « PUMABydesign001s Blog: General Motors Corp.s “jobs bank” program will end Monday, following a similar move at Chrysler LLC that helps satisfy the conditions the government imposed when it lent the automakers $17.4 billion late last year.
[Weblog] Weblog » Blog Archive » GM to end controversial ”jobs bank Monday ...: program will end Monday, following a similar move at Chrysler LLC that helps satisfy the conditions the government imposed when it lent the automakers $17.4 billion late last year.
[Macroaxis Blog - Investing to Wealth] GM wont use Michigan plant to manufacture Volt electric vehicle ...: In addition, the plant being shut down was to build smaller engines for the Chevy Cruze -- another small car GM is planning to build.
[Business and Entertainment Blog - Lets Talk About Anything hereBusiness and Entertainment Blog - Lets Talk About Anything here] GM to end controversial ”jobs bank Monday (AP) | Business and ...: AP - General Motors Corp. said Wednesday that its "jobs bank" program will end Monday, following a similar move at Chrysler LLC that helps satisfy the conditions the government imposed when it lent the automakers $17.4 billion late last year.
[Comments for The Motor Report Auto News Blog] General Motors Delays New Engine Plant For 2011 Chevy Cruze, Volt: The decision to halt construction of the new factory won’t impinge on the release of either the Cruze or the Volt, as GM’s European engine plants are expected to have enough capacity to deal with short-term demand. It will, however, have big implications for the people of recession-struck Flint, Michigan, who were counting on the factory to generate hundreds of new jobs.
[Autos Craze - Autos Blog] General Motors Cancel XLR Productions: The Cadillac Evoq concept car was introduced in 1999 NAIAS ran on the roads in 2003. It costed $76,000 at that time, which climbed up to $105,000 in just 5 years.
[Automotive Blogs] General Motors offering Onstar Services to Competitors ...: This is not the first time GM has done this. Automakers as Acura, Audi, and Lexus have offered OnStar in their vehicles via a private agreement with GM.
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