GM White Collar Job Losses

This is an important story, because it talks about the loss of jobs for experts in the internal combustion engine.   It’s important to realize the shift toward electric and autonomous cars and the increase in automation.   This leaves people angry and then they can be taken advantage of by a snake oil salesman claiming he’ll fix it. 

Now that once-reliable route to prosperity appears to be vanishing, as evidenced by General Motors’ announcement this week that it plans to shed 8,000 white-collar jobs on top of 6,000 blue-collar ones.

https://apnews.com/ffa0fd2ace934f31bb1beaeb4bf314ee

 

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