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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (64745)6/9/2005 3:49:51 AM
From: GUSTAVE JAEGER  Read Replies (1) of 74559
 
Re: displaced workers? GM plans to slash 25,000 workers
Automaker also plans to shut plants


I guess the car industry will meet the same fate as the iron and steel industry in the late XXth century... Those 25,000 laid-off workers will have to reskill and apply for a part-time job in the white-collar sweatshop sector --medical aid, call center, security guard, hotel/cruise ship steward(*), croupier in Las Vegas, sales(wo)man with an evangelical megachurch, you name it.

Gus

(*) cruiseshipjob.com
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