Thread regarding General Motors layoffs

A resilient statistic: Over 40% of small businesses can't afford to pay rent.
Add to this, 1 in 5 Americans dedicate their entire income to pay rent.
GM mgt knows these kind of stats. They know they make record profits until they don't.
Inflation is not under control folks.
Things are going to get very interesting.
The spoiled people we work with that complain are about to be humbled in a substantial way.

"A healthy company doesn't have constant layoffs."

Most corporations have constant layoffs. In fact, I don't know of a single one that doesn't.
I'm not defending it or saying it's right. It's just how it's done.
Ramp up when the money is hot.
Ramp down when the money is not.
Rinse, lather, repeat.
The only get-out-of-jail is starting up your own business where you will experience the ups and downs of business and economic cycles for yourself.

A simple takeaway is this:
All markets have cycles. The automotive industry closely follows the broader economic cycle. Consumers are getting crushed by inflation, high interest rates and high debt. At this point, expect GM to show progressively slower sales with each quarter moving forward. That means, smaller bonuses until no bonuses. Smaller pay raises until "you are lucky to have a job". And of course, higher freezes, layoffs and arbitrary rules at work that are intended to demoralize you. This will happen in most corporations.

A healthy company doesn't have constant layoffs.

Especially when they blame employees for poor performance instead of the SLT for poor decisions.

But I'm sure they'll spend another few billion on stock buybacks to raise stock prices for a few weeks so they can cash out their stock options.

"Inevitable, indeed!"
Claiming to predict layoffs in a general sense is like predicting the sun rising.
If you think that is a victory, well bless your heart.
Are you going to predict the coming of cold weather in Michigan next?

Inevitable, indeed!

GM does not need government handouts. GM is going to space using a conventional pushrod rocket engine. SM. Space Motors.

Think bigger:
The sun rising is inevitable.
Death is inevitable.
Karma is inevitable.
Entropy is inevitable.

Someone's guilty of doom fantasy trolling.

Somebody found chatgpt

File under: "Doom Fantasy Troll"
The troll is to invoke fear in others, using fear of layoffs as the subject matter.
However, this is a dangerous game.

The constant fear of employment layoff can have a significant
psychological impact on individuals. Here are some possible effects:

1. Anxiety: The fear of losing one's job can create a sense of

perpetual anxiety, making it difficult to relax or enjoy daily activities.

2. Stress: The pressure to perform well at work and the uncertainty of

job security can lead to chronic stress, which can negatively impact
mental and physical health.

3. Dread: The constant fear of layoff can evoke feelings of dread or

apprehension, making it difficult to focus on other aspects of life.

4. Loss of control: The unpredictability of layoffs can make

individuals feel like they have no control over their circumstances,
leading to feelings of powerlessness and helplessness.

5. Sleep disturbances: The constant stress and anxiety caused by job

insecurity can disrupt sleep patterns, making it difficult to get a good
night's rest.

6. Depression: The prolonged fear and uncertainty surrounding job

security can contribute to depression, particularly if individuals feel
trapped or stuck in their current situation.

7. Physical symptoms: Chronic stress and anxiety can manifest

physically, leading to symptoms such as:

• * Digestive issues
• * Headaches
• * Fatigue
• * Muscle tension

8. Burnout: The constant pressure to perform well at work can lead to

burnout, characterized by emotional exhaustion, cynicism, and reduced
performance.

9. Relationship strain: The stress and anxiety caused by job

insecurity can negatively impact relationships with family and friends,
leading to feelings of isolation.

10. Loss of identity: For some individuals, their job may be closely

tied to their sense of identity or self-worth. The fear of layoff can lead
to feelings of loss or confusion about one's role in life.

To mitigate these effects, it's essential for individuals to develop
coping strategies, such as:

1. Seeking support: Talking to friends, family, or a therapist about

job-related concerns can help alleviate stress and anxiety.

2. Practicing self-care: Engaging in relaxing activities, such as

exercise, meditation, or hobbies, can help reduce stress levels.

3. Developing financial planning: Having a solid financial plan in

place can help individuals feel more secure and prepared for unexpected
events.

4. Building an emergency fund: Having a cushion of savings can provide

peace of mind and financial stability during uncertain times.

5. Fostering a growth mindset: Focusing on personal and professional

development can help individuals build resilience and adaptability, making
them better equipped to handle uncertainty.

Remember that everyone's experience is unique, and it's essential to
prioritize mental health and well-being when dealing with job insecurity.

1. A merger with Apple was never discussed. If so, demonstrate. I'm going to bet the farm you have nothing. Your move.
2. Why would GM need to 'settle for a private equity buyout' when they are making record profits? Doom fantasy isn't real bro.
3. "Ctrl-X their way through the org chart" - why? For kicks?
4. "Nothing big will happen until January." You know nothing and this fake claim comes from nothing. The only thing happening in January is more hand wringing about RTO.

There's nothing "on point" about any of this. Irresponsible speculation based on a doom fantasy.