Thursday, October 30, 2008
Japan Wins the War-GM Chrysler Merger- 210,000 Job Loss Coming!
Well if you haven't heard the American Auto companies are struggling to survive. The rumors of the GM Chrysler Merger will be coming true soon and so will massive job loss.
The analyst predict 30,000 to 40,000 jobs cut. One automotive job supports 7 other jobs, this will impact 210,000 jobs in Michigan, the US and Canada. Michigan and the auto companies have been is under siege by the foreign competitors, Japan and the US Government.
It looks like the Big 3 are waving the white flag, Japan Wins The Auto War! Bow to your Sensei!
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