GM seeks up to $30B in aid, will cut 47,000 jobs - Yahoo! Finance

DETROIT (AP) -- General Motors Corp., presenting a dire outlook for the future, said Tuesday it may need $30 billion in total government financing to weather the economic downturn and would cut 47,000 jobs worldwide and shutter five more U.S. factories in a massive restructuring plan.

http://finance.yahoo.com/news/GM-seeks-up-to-30B-in-aid-to-apf-14392724.html