AMG Lays off 350
Posted: Fri Nov 25, 2011 1:38 pm
Not so good times ahead!!! This is very distressing news for us in the Hummer world.
The layoff of Dan and about 350 others at AMG has pretty much sealed the demise of the company long term i think and it looks pretty clear like the end of years of support from the company for us. The end of an era!!
Who knows for sure what this all means but it is troubling to say the least!!!
AMG is down to less than 2000 employees nation wide and i sense there is a real danger that this could be near the end for the company that is operating at about 10 percent capacity at this time. The laws of economics will soon come to bear in my opinion and the writing is on the wall.
I have big questions about parts in the chain and the effect on parts costs in the longer term.
Also got to wonder what will happen to the Homecoming events and the AMG guys that show up to support us.
It could be those days are over and will be valuable memories.
For me i find it very sad to witness the struggle and potential demise of a great American company and all its great employees. They have done so much for all of us in so many ways directly and indirectly.
My heart goes out to Dan Collins and all of AMG and i wish Dan the very best at whatever he does.
The layoff of Dan and about 350 others at AMG has pretty much sealed the demise of the company long term i think and it looks pretty clear like the end of years of support from the company for us. The end of an era!!
Who knows for sure what this all means but it is troubling to say the least!!!
AMG is down to less than 2000 employees nation wide and i sense there is a real danger that this could be near the end for the company that is operating at about 10 percent capacity at this time. The laws of economics will soon come to bear in my opinion and the writing is on the wall.
I have big questions about parts in the chain and the effect on parts costs in the longer term.
Also got to wonder what will happen to the Homecoming events and the AMG guys that show up to support us.
It could be those days are over and will be valuable memories.
For me i find it very sad to witness the struggle and potential demise of a great American company and all its great employees. They have done so much for all of us in so many ways directly and indirectly.
My heart goes out to Dan Collins and all of AMG and i wish Dan the very best at whatever he does.