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Oil Addiction To Cost More Workers Jobs

Published 07/15/08 Jeff Bennett - Print Article
E-mail - editor@economyincisis.org

America’s oil addiction continues to cost workers their jobs as Midwest Airlines announced a 40 percent company layoff, or 1,200 employees, while GM said it will cut 20 percent of its salaried positions, according to The Business Journal and CNN Money.

The facts speak for themselves; while politicians remain steadfast to depend upon oil, American’s pay the price through job losses and an economical crunch. This reliance cannot continue.


Source The Business Journal:

Source CNN Money:

Midwest Airlines and its Skyway subsidiary will layoff about 1,200 employees, or 40 percent of current staffing levels.

…

General Motors Corp. said Tuesday it will suspend its dividend, sell off $4 billion to $7 billion worth of assets and cut 20% worth of salaried cash costs in an overall plan to save billions of dollars.

Click here to contact your Representative in Congress.

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