Monday, December 3, 2018
Job losses in the auto sector
GM is closing several plants.
Ford is expected to announce the loss of 25,000 auto jobs in the near future.
Chrysler has yet to announce.
Trump is mad.
I make no secret of the fact that I worked in the auto industry for more than thirty years. It is a highly competitive industry operating on thin margins particularly when you account for the fixed costs.
The sectors where cost increased are the sectors that have been most resistant to job reduction. College textbooks? Being the author of a textbook is almost a requirement to achieve tenure at a first tier University. The only way to wring the manpower out of textbooks is to eliminate that archaic requirement.
Trump can stomp around all he wants. It is expected of him. But the alternative to domestic auto companies being allowed to evolve to meet the market is to have the domestic industry become extinct, along with all of the supporting infrastructure.
Yes, I get that it sucks to have your job shot out from beneath you. I worked in Lansing in engineering, Lansing in the bodyshop, Lansing in a metal stamping plant. All those horses got shot out from beneath me. I worked in Flint building trucks. I worked in Pontiac building trucks and left a year before they closed that plant. Then I worked at Lansing Grand River and had my job reduced out. Then I worked at Lansing Delta and got reduced out. Then I worked at Lansing Grand River and got bumped out. Then I went back to Delta. It pays to not burn bridges behind you.
Always glad to have a job even if it meant a 94 mile commute one way.