gm job cuts

General Motors to Cut 14 Percent of Workforce in 2009

General Motors to Cut 14 Percent of Workforce in 2009
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In a bid to secure its $13.4 billion in loans from the U.S. government, General Motors is putting forth a rigid restructuring plan that will see 14 percent of it’s global workforce eliminated in 2009. The cuts will occur to salaried workers, reducing the total number of those employees from 73,000 to 63,000. In the… Continue Reading...