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August 2012 featured a Voluntary Separation Program (VSP) as well as involuntary layoffs. This was due to the failed engine strategy, rising warranty costs and declines in commercial and military sales. The company let go 500 employees and in September 2012, announced plans to lay off 200 more salaried employees. [29]
By the turn of the century, it was the world’s largest retailer of athletic footwear and apparel, with a 20% market share in the U.S., according to a 2002 Forbes report. It was the primary place ...
Arab American Vehicles (1977–1987) Beijing Jeep (1984–1987) American Motors Corporation (AMC; commonly referred to as American Motors) was an American automobile manufacturing company formed by the merger of Nash-Kelvinator Corporation and Hudson Motor Car Company on May 1, 1954. At the time, it was the largest corporate merger in U.S. history.
Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former President Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [5]
In 1985, Perot sold EDS to General Motors with the idea that he and EDS would have a leadership role within the company. However, Perot's plan was ignored by the management of General Motors, prompting Perot to leave and later found Perot Systems. Perot's experience with GM contributed to him becoming an outspoken critic of corporate America. [22]
Don't ask, don't tell. " Don't ask, don't tell " (DADT) was the official United States policy on military service of non-heterosexual people. Instituted during the Clinton administration, the policy was issued under Department of Defense Directive 1304.26 on December 21, 1993, and was in effect from February 28, 1994, until September 20, 2011. [1]
The Renaissance Center in Detroit, Michigan, is the world headquarters of General Motors.. The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible.
Main article: Colonial American military history. In 1763, the indigenous tribes of Pontiac 's Confederacy lay siege to Fort Detroit, a British fort on the American frontier. The beginning of the United States military lies in civilian frontier settlers, armed for hunting and basic survival in the wilderness.
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