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Monday, 12/03/2018 8:28:47 AM

Monday, December 03, 2018 8:28:47 AM

Post# of 122338
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.

“A bank would never get away with what the Department of Education is doing.”

Sheila Bair

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