This morning GM CEO and chairman Rick Wagoner announced the world's largest automaker plans to cut 30-thousand manufacturing jobs. The CEO says the cuts are an effort to reduce costs by seven billion dollars by the end of 2006. Seven North American assembly plants will shut down, including the Lansing Craft Centre. The cuts also mean the closure of nine North American Assembly, Stamping and Powertrain facilities by 2008. That includes the Lansing Metal Center, which is scheduled to close in 2006.
The closures will really affect Lansing being that there are around 400 employees that work at the Lansing Craft Centre. The plant makes the Chevy SSR. Sales of the vehicle have been sluggish. Employees have endured temporary lay-offs and are currently off work until December fifth. October sales for the Chevrolet SSR Roadster were down 48 percent.
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