GM cuts white collar workforce – Time to wake up!

When I first heard it on Drudge Report, I could not believe it. I had to check the news again to confirm. It’s true. GM is planning to cut its North American white collar work force as deep as 28% in some functions. It’s scary!

Gone are the days where we could join a company and plan to retire over there. No job is safe unless one starts to distinguish himself or herself constantly and continues to add value. The heat is on.

I think this should serve as a wake up call for most of the white collar workers. What do you all think?