General Motors goes all in on being a Tech Company. It officially closes its Lordstown plant.

Anerdyblackguy

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Episode 6: ‘The End of the Line’
Producer/Director Alyse Shorland

With its focus on a future of self-driving cars and renewable fuels, General Motors is leaving some manufacturing plants like the one in Lordstown, Ohio, in its rearview. Workers who spent a lifetime at the plant — and constructed their lives around G.M. as they built the company’s cars — are losing their jobs. But this round of layoffs is different from the decades-old shifts in the auto industry. Competition from Silicon Valley, pressure from Wall Street and fundamental changes in how we get around are forcing the company to transform itself. It may be easy to say it’s not fair, but the American economy may not have room for fairness anymore.

“The Weekly” visits Lordstown to talk to some workers before their last shift, and our correspondent sits down with G.M.’s chief executive, Mary Barra, who says she’s trying to save the car company.

Complete coverage
  • The closing of the Lordstown plant has disrupted thousands of lives and upended politics in a county that flipped from Democrat to Republican in the 2016 presidential race, and where candidates are making their pitches for 2020. Read Sabrina’s article about Lordstown voters’ ambivalence toward President Trump.

  • The president tried to throw Lordstown a lifeline in May when he announced that a small, little-known manufacturer of electric vehicles would buy the G.M. plant. It isn’t a done deal, and few people had much faith it would replace many of the lost jobs.

  • When the plant made its last car in March, it marked the end of a way of life that Lordstown had known for a half-century, when almost everything in town revolved around the G.M. plant.

  • G.M.’s announcement in November 2018that it was shuttering the Lordstown plant and four others caught many people by surprise. Wall Street responded enthusiastically to the news, sending the carmaker’s stock up nearly 5 percent that day.

  • Listen to Sabrina talk about the political fallout of the G.M. plant shutdown on “The Daily” podcast.
The full episode gets released on Hulu Monday.
 

Oatmeal

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Lordstown been closed breh, that was like in March. They were trying to get another company to buy the facility that was making electric trucks but I haven't heard any updates on that.
 

Crude

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These companies don't give a shyt about the American workers.

Everything is about numbers regardless of what they say, and they can turn a bigger profit automating those jobs and also moving what's left to places outside of the states where people will work for a fraction of the pay.

Those blue collar factory workers better find another lane because those jobs are quickly becoming less and less and it's been that way for decades now.
 
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Anerdyblackguy

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These companies don't give a shyt about the American workers.

Everything is about numbers regardless of what they say, and they can turn a bigger profit automating those jobs and also moving what's left to places outside of the states where people will work for a fraction of the pay.

Those blue collar factory workers better find another lane because those job are quickly becoming less and less and it's been that way for decades now.
This is the economy in a nutshell

G.M.’s announcement in November 2018that it was shuttering the Lordstown plant and four others caught many people by surprise. Wall Street responded enthusiastically to the news, sending the carmaker’s stock up nearly 5 percent that day
 

saturn7

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I drive by that plant when I visit relatives in Cleveland.


:mjcry:


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