The Prof G Pod with Scott Galloway
The Future of General Motors, How to Be a Good Manager, and Advice to a High School Senior
15 Jan 2025
Scott discusses GM’s outlook and then gives advice on transitioning into a management role in your company. He wraps up with more advice, to a high school senior gearing up for an exciting new chapter. Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy "The Algebra of Wealth," out now. Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Welcome back to Office Hours with Prof G. This is the part of the show where we answer your questions about business, big tech, entrepreneurship, and whatever else is on your mind. If you'd like to submit a question, please email a voice recording to OfficeHours at ProfGmedia.com. Again, that's OfficeHours at ProfGmedia.com. So with that, first question.
Hi, this is Stu O'Neill, and I am curious as to your thoughts on General Motors. I live in the Detroit area and have witnessed thousands of GM workers being laid off recently, coupled with GM's deeper commitment to entering F1 racing. Shameful timing, in my opinion. They bet too much on EVs, it seems, and find themselves behind the eight ball. I'm curious as to your thoughts on the company.
It seems to have lost its bearings and maybe even a bit of its soul, at least here in Detroit. Thanks. Love everything about the podcast.
Steve from Detroit. Thanks for the question. Okay, so in November, GM announced plans to lay off over 1,000 employees globally, with most of those job cuts affecting workers in Michigan. I would think as a percentage of their total workforce, that's actually not that many. I think you'd rather be at General Motors right now than, I don't know, a media company.
According to a GM spokesperson, these layoffs were made to optimize for speed and excellence. Jesus Christ, can you get over the corporate speed? We're making less money, so we need to fire people. At some point, somebody in one of these companies is going to start actually speaking or actually telling people the truth. This comes after a rough year for U.S.
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