EON

Keeping Ontario Connected

SEARCH
About Contact
HOME
Menu
  • about
  • Contact
  • Categories:
  • Blogroll
  • Business
  • curiosity
  • Entertainment
  • Environment
  • Health
  • International
  • National
  • Provincial
  • Science
  • Sports
  • Technology
  • US
  • weather
  • Links:

    GM To Lay Off 970 Workers In Oshawa

    Posted by admin in Business, Provincial (Tuesday April 29, 2008 at 12:43 pm)

    General Motors has announced it's laying off 3500 workers across North America, including about 970 at the truck assembly plant in Oshawa this September.

    Oshawa – General Motors has announced it’s laying off 3500 workers across North America, including about 970 at the truck assembly plant in Oshawa this September.

    C.A.W. local 222 president Chris Buckley calls it “another dark day for Oshawa.” Just 3 months ago, another shift and a thousand jobs were lost.

    General Motors, which says demand for full-size pickup trucks is falling, blames a deteriorating economy and soaring gas prices for the cuts.

    This news comes as major international oil companies are reporting record multi-billion dollar profits. They say it’s because oil prices are soaring and sales are up. Royal Dutch Shell, Europe’s largest oil company, made more than $9 billion in the first quarter, up close to $2 billion from a year ago. BP reported making $7.6 billion, up 63 percent in a year.


    No comments for GM To Lay Off 970 Workers In Oshawa »

    No comments yet.

    Leave a comment


    Please note that all comments are moderated. Your comment will be published if it is approved

    (required)

    (required but not published)

    RSS feed for comments on this post. TrackBack URI

    Most Recent News
    • Thief Beats 91 Cashier, Runs Away
    • Hand Sanitizer Warning A Hoax?
    • Cruise Ship Hit By Wave, \Two People Dead
    • Blame Smoking On Whitney Houston Horrible Performances?
    • Lily Allen And Courtney Love Fight At NME Awards
    • Cheaters Can Now Download The Tigertext App
    • Whitney Houston’s Tour Disappoints Fans
    • Mastectomies Done in Error In Ontario
    • The Suzuki Foundation says that BC Parks is a cemetery Grizzlies
    • Bloom Box May Be Key To Energy Effecience Future
    Recent Comments
  • Sarah on Patrick Swayze Dies: Update
  • RJ on Patrick Swayze Dies: Update
  • Steff on Kanye West On Suicide Watch Following Taylor Swift Incident: Reports
  • jim on Valerie Bertinelli – Bikini Babe at 48
  • More Vanessa Hudge Photos Revealed - EON on Nude Photos Of Vanessa Hudgens End UP Online
  • Vanessa Hudgens Gets $500,000 Offer From Joe Francis - EON on Nude Photos Of Vanessa Hudgens End UP Online
  • Nunez on Anti-War Activist Sheehan Arrested
  • bob on Anti-War Activist Sheehan Arrested
  • John on Breast Implants Linked To Suicide
  • Wilbur on Breast Implants Linked To Suicide