4,000 GM Jobs? Let’s Not Get Carried Away! - Money News Story - WDIV Detroit

4,000 GM Jobs? Let’s Not Get Carried Away! - Money News Story - WDIV Detroit: "Yes, GM will invest $2 billion, but that’s looking ahead between eighteen months and two years. 4000 jobs? Yes, but not how they are billed. It turns out GM has 1,357 workers on layoff right now. Those are counted in this number. While it is very good the company is bringing back laid off workers, they shave a third of the “new” jobs right off the top. If you take the 400 jobs GM will ensure at the Toledo transmission plant where they will build a new, eight cylinder, highly fuel efficient power train and the 250 jobs promised to the Bowling Green Corvette Plant announced last month and there are fewer than 2000 “new “ jobs to be announced."