Marick Masters on GM job cuts

In an opinion piece, David Cay Johnston writes: “Donald Trumps’ reaction to General Motors plans to close five North American plants and lay off nearly 15,000 workers reveals how little Trump knows about business, technology and the effects of a major tax law he signed. It also reveals how worthless his campaign promises to voters were.” Marick Masters, a business professor specializing in labor economics at Wayne State University, explained that the GM job cuts are “more of a strategic adjustment by General Motors to prepare itself for a future in which it’s trying to get ahead of the technology curve.”

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