Returning to Work After The Shutdown.docx

Returning to Work After The Shutdown.docx - Justin Anderson...

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Justin Anderson Dr. Lebow ECO202 2/7/2019 Returning to Work after The Shutdown The first topic of NPR was General Motors corporate restructuring. They laid off 4,000 peoples and they beat expectations. They said the earnings report was surprising due to higher commodities costs because of Trump’s tariffs. The job cuts are to improve production and cut $2 billion in costs. GM is facing a slow down in its two biggest markets China and the US. Today’s car buyers are getting squeezed because price is steadily increasing. In other news, Spotify is looking for as many new podcasts as possible. They want to create original content like Netflix so they’ve acquired two companies. This growth comes at a $200 million in costs for one
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