General Motors (GM) cutting almost 15,000 jobs in North Aerica

[IronSnake]

I don't necessarily think GM is a giant turd, but it doesn't rest well that 10 years ago they took a huge bailout, now they're cutting workers again. So yes, kinda a big giant turd in some cases.

Did you know that 35% of ALL cars sold are to rental and fleet companies?
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It's inevitable that they'd do this. They are one of the last bloatware companies in my opinion.

They are overstaffed, extremely inefficient, lack a real brand direction, and aren't forward thinking. Despite the irony of this statement, they could take a lesson from companies like Apple/Toyota/Microsoft/Amazon etc. Apple grew way to fast back in the day, became massively bloated, lost direction, and almost failed. A cleanup, a clear purpose, and a lean efficient operation turned them into what they are. Microsoft is doing the same. Way way way way better product and company to deal with than 10 years ago. Toyota has always had a pretty definitive purpose/organization. Amazon is amazon. They kill it at pretty much whatever they do.

 

[L8APEX]

SAIC-GM China already has practically all of GM's IP. China iirc is Gm's best market now (or 2nd to NA)... and it's controlled by the State/Communist party, so basically Xi Jinping is GM's real CEO.
They don't have to be bought out, GM could dissipate into the either stateside and the Chinese could start spitting out Bruiks and Chebys. If they showed up over here who knows?
It seems as long as the Chinese have their Buicks, they are happy.