Tuesday, February 17, 2009

GM, Chrysler seek more gov't aid, to cut more jobs: Financial News - Yahoo! Finance

General Motors Corp. presented a survival plan that calls for cutting a total of 47,000 jobs globally and closing five more U.S. factories, a move that represents the largest work force reduction announced by a U.S. company in the economic meltdown. Chrysler LLC said it will cut 3,000 more jobs and stop producing three vehicle models.

http://biz.yahoo.com/ap/090217/autos_bailout.html

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