As an entrepreneur, I also look at and study other companies. So I figure the news of the most current GM layoff is fitting to this sub.
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Is it due to the increased tariff in the trade war with China?
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Is it due to shitty products?
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Is it due to poor management? Trump gave corporation huge tax cut. GM used that money to buy back their shares instead of (1)investing in research and development to improve their vehicle, and/or (2)save these factory jobs.
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Is it due to Federal Reserve rate hike?
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Is it due to any combination of the above reasons?
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Is it due to any other reason not listed?
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