GM and Ford fires 50% of their employees
February 16th, 2009
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The effects of the crisis starts to feel among the car companies. From 2002 to 2008 GM "lost" 93000 employees from 177000 they had in 2002. But they won`t stop here – this year they want to fire another 13.400 in an attempt to save the company.
Ford and Chrysler don`t stand to well either. Only in US ford fired around 65.000 workers and Chrysler around 32.000. They say this won`t be the end. Until June, more workers could lose their jobs and that total of fired workers could reach 200.000 in just 2 years.
This is a really bad news.
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