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How innovations cause unemployment: General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation

How innovations cause unemployment: General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation

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Looks like preference to offshoring can be a very much possible reason indeed, as per Trump's tweet: 

Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland. Nothing being closed in Mexico & China.

at 7pm on 11/28/2018

It may be for greed, not innovation - AFL-CIO worries GM job cuts are a 'smokescreen for offshoring':

GM has a "particularly bad history" compared with Ford and Chrysler of looking to move jobs off shore

at 5pm on 11/28/2018
How innovations cause unemployment: General Motors is cutting thousands of jobs in a major restructuring…
"Post on Mindstrim - in book club: Innovations"
Mindstrim.com
at 1pm on 11/28/2018