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Next economic victim may be plant that builds Corvettes

With General Motors' announcement Tuesday that it would shutter five more North American plants than once planned, Kentucky residents are wondering whether Bowling Green's Corvette plant might be the next victim of the crippled economy.

GM told the federal government on Tuesday that it would need billions more in aid to remain viable and promised more cost cuts, including 47,000 more jobs worldwide.

When workers return to its Bowling Green plant next week after an extended shutdown that began before the holidays, they'll already be seeing more cuts.

The plant previously learned that it would stop production of the Cadillac XLR, which means 40 jobs, said Eldon Renaud, president of the United Auto Workers Local 2164 in Bowling Green.

In addition to those 40 jobs, there will be a significant layoff of about 130 workers as well as 30 or so a month later as GM reduces production at the plant. Those layoffs will reduce the work force to fewer than 500, down from more than 1,000 a few years ago, Renaud said.

Read more at Kentucky.com

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