Part 2/8:

In the early 1990s, GM's financial struggles drove the company to take drastic measures. The announcement of plant closures and mass layoffs struck the heart of auto worker communities that were already experiencing high unemployment rates. GM’s shift towards producing vehicles in Mexico and China signaled a significant shift in its operational strategy.

During this period, General Motors closed six vehicle assembly plants, four powertrain plants, and 11 component plants. The United Auto Workers (UAW) vehemently criticized GM's actions. The union leaders compared GM's leadership to Ebenezer Scrooge, underscoring the self-destructive nature of such long-term strategies, warning that such cutbacks would weaken the company's market position.