Politics and Money

[n4807g]

Salaried workers beware: GM cuts are a warning for all
https://finance.yahoo.com/news/salaried-workers-beware-gm-cuts-162852788.html

It was a humbling warning that in this era of rapid and disruptive technological change, those with a college education are not necessarily insulated from the kind of layoffs factory workers know all too well.

The cutbacks reflect a transformation underway in both the auto industry and the broader U.S. economy, with nearly every type of business becoming oriented toward computers, software and automation.

"This is a big mega-trend pervading the whole economy," said Mark Muro, a senior fellow at the Brookings Institution who has researched changes being caused by the digital age.

Automation....forever changing the workplace.