With the New GM coming back with aggressiveness and a will to live – it is not all that hard to believe that the latest buyout from GM cost them another 6,000 United States workers.  This buyout was intended to make the company leaner and meaner – after all, they do not want to go into bankruptcy again do they?  GM, which we all know exited bankruptcy on July 10th and they intend to stay that way from here on out – hence the reasoning for the buyout in the first place.

The new GM is actually looking to shred it’s employee base down to about 40,500 by the end of 2009 through more buyouts, layoffs as well as other measures.  The cuts are going to add to the thousands that are currently unemployed and while the unemployment rates all over keeps growing and growing, GM is looking out for themselves it seems like.

Since about 2006, roughly sixty-six thousand United States workers, which is more than half of the factory worker jobs have left GM by means of buyouts and retirement packages.  The automaker is constantly looking for ways to cut costs and trim down the fat and cutting their workers loose.  All of this is to counteract the slow sales and the mounting losses that they are constantly receiving by employing workers for no production.

While the company seems to be concentrating their efforts on the blue-collar section of their factories – that is just how it seems, it is not actually the case, the company is actually cutting down their white-collar jobs as well by about 20 percent which equals out to be about six thousand more jobs.  Executive ranks will also be cut by another thirty five percent by the end of this year.

What a lot of people do not know about GM is that they have actually lost, since 2008 about thirty-one billion dollars and has taken a total loss of about eighty-two billion dollars in the last four years.  While it might have been ranked the top automotive producer in years before, it seems that Toyota is actually out ranking them now as Toyota sales are up and GM sales are way, way down.

GM, in the long run has always been a fantastic company to work for and has always been a company that people have been proud to work for, however, since the old GM has fallen and the new GM has taken over, it seems that jobs are becoming less and less – no matter if they are blue-collar or white.  No one in the world of GM seems to be safe and that is something that is sad.

Diana Tramblay, the GM VP of Labor Relations states: One of the very tough, but necessary actions to position the company for long-term viability and success is to reduce our total U.S. workforce, both hourly and salaried employees.”  In a recent interview and while they may be thinking about the future of GM and just what it can truly bring – what about right now?  Many people are wondering about that very question themselves.

GM is looking to restructure the way that they have been running things in the past and they are looking to update everything about the company itself and how decisions are made.  Committees are being formed and everything seems to be run by the government when it comes to the GM world right now.  However – that does not mean that the new GM is going to be a bad thing, right now, it is just different and people are losing their jobs – whether by taking the buyout or by ‘other measures’.