GM Lay Off Again.

 

GM International based in Singapore will reduce its staff  by over 70% from 180 to 50 by year end.  This base oversees markets such as India, Southeast Asia, and South Korea, among others. About 90 employees will leave the company by the end of June and 40 by the end of 2017.  This move is part of a strategic alignment to reduce exposure to unprofitable and unpromising markets.

Last week, the company said it would take a $500 million charge in the second quarter to restructure operations in India, Africa and Singapore. The company plans to stop selling Chevrolet … Continue

When Insurance Companies Piss Me Off!

Remember that Allstate slogan “You’re In Good Hands”?  Well I bet you they don’t mention what those hands are doing to your hard earned money.  The insurance industry is funny.  They are extremely nice to you when they need you, or your money.  Then they throw you out like trash when you need them.

Last week, I received my new new car insurance premium for the next 6 months.  Now, full disclosure.  I have a 2015 Subaru Outback 3.6R and a 2005 Civic LX.  The current rate is $161.45 for $100 deductible on both comprehensive and collision.  When I stared … Continue