General Motors Announces Sweeping Layoffs For North American Workers | Velshi & Ruhle | MSNBC

Nearly 15,000 factory and white-collar workers are expected to lose their jobs by the end of 2019. General Motors announced sweeping layoffs and factory closures across North America. Ali Velshi and Stephanie Ruhle are joined by Bloomberg auto reporter Keith Naughton to discuss the new restructuring plan that will shutter 5 factories – 3 of which produce cars for foreign markets. » Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc About: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful political commentary and informed perspectives. Reaching more than 95 million households worldwide, MSNBC offers a full schedule of live news coverage, political opinions and award-winning documentary programming -- 24 hours a day, 7 days a week. Connect with MSNBC Online Visit msnbc.com: http://on.msnbc.com/Readmsnbc Subscribe to MSNBC Newsletter: MSNBC.com/NewslettersYouTube Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc General Motors Announces Sweeping Layoffs For North American Workers | Velshi & Ruhle | MSNBC