If it\’s got an engine. . .

Dorri probably likes it

Looking for a few good engineers?

Posted by ifitsgotanengine on December 19, 2005

Joe Sherlock knows where you can find them.

Time To Go: General Motors Corp. is suspending contributions to its 401(k) savings plan for salaried employees and paring back severance benefits as it prepares for more white-collar job cuts in the coming year. Ford suspended 401(k) matching contributions for employees in June. I bet that every young, talented employee from these two behemoths is actively looking for a job elsewhere. This will leave both companies staffed with no-talent deadwood. The death spiral is picking up velocity.

This only furthers the nail in GM’s (and Ford’s) coffin.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: