Here’s another edition of Six Sigma Companies News.
Because of the crisis, many big American companies are either closing down or applying for a stimulus package or emergency bailout. You wouldn’t think this could happen to these companies actually.
One of them is G.M. After it received the government’s emergency bailout, G.M. had to reevaluate its operations. And according to the latest news, it’s streamlining.
New York Times reports:
When G.M. collapsed last year and turned to the government for an emergency bailout, its century-old way of conducting business was laid bare, with all its flaws in plain sight. Decisions were made, if at all, at a glacial pace, bogged down by endless committees, reports and reviews that astonished members of President Obama’s auto task force.
