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Is GM The New Schlitz?

GM is trying to reduce manpower. Seems like every other company is too. While the rewards can be found in shareholder pockets the risks can be too. Exhibit A: Schlitz Was America’s #1 Beer. Then They Tried to Save a Few Pennies, This YouTube video tells the story of how Schlitz Beer went from #1 to bankrupt trying to save a few pennies. Bad for Schlitz, Good for St. Louis as Budweiser took the crown!

GM is the #1 automaker in the USA. Will they stay on top? Don’t get Schlit faced!

Image by Alexa from Pixabay