
Two recent moves by General Motors:
1. "The struggling automaker will eliminate an additional 25,000 U.S. hourly jobs, or about one in five, between now and the end of 2008, despite already eliminating 22,000 U.S. hourly jobs over the previous four years." [Detroit Free Press]
2. "General Motors has stepped up the pressure on Ford in recent weeks with an 'Employee Discount for Everyone' incentive program." (MSNBC)
Huh. Well, at least the 25,000 people who lost their jobs can still enjoy the employee discount.
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Evidently, Ford is stepping up to the pressure of GM and laying off 5% of their workforce. That employee discount promotion is really going to come in handy.