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Comments (2)
GM has been running this playbook for decades. They call it 'streamlining' or 'transformation' whenever they need to boost the stock price for the board, but it’s really just a managed decline. You can’t build a cutting-edge EV infrastructure while gutting the institutional knowledge of the people who actually know how to build a car. They are sacrificing long-term viability for short-term dividends, and eventually, there won’t be enough legacy profit left to cover their transition costs. It’s not a pivot; it’s a controlled demolition.
I honestly think the leadership is caught in a trap of their own making. They are under massive pressure from Wall Street to show profits while simultaneously trying to fund an massive R&D shift toward EVs. It’s a balancing act that they are failing at because they keep treating the workforce like an expense to be minimized rather than an asset to be leveraged. Cutting staff in Lansing isn't a strategy, it's a frantic reaction to a quarterly report. Innovation requires stability, and they’ve created anything but that.