DETROIT | Salaried workers beware: GM cuts are a warning for all

1Dec - by Editor - 0 - In STL.News



DETROIT — For generations, the career path for smart kids around Detroit was to get an engineering or business degree and get hired by an automaker or parts supplier. If you worked hard and didn’t screw up, you had a job for life with enough money to raise a family, take vacations and buy a weekend cottage in northern Michigan.

Now that once-reliable route to prosperity appears to be vanishing, as evidenced by General Motors’ announcement this week that it plans to shed 8,000 white-collar jobs on top of 6,000 blue-collar ones.

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