Monday, April 20, 2009

GM cutting 1,600 U.S. salaried positions

DETROIT (Reuters) – General Motors Corp said on Monday it is telling about 1,600 salaried U.S. employees this week to leave by May 1 as it scrambles to reduce costs under a restructuring mandated by the U.S. government.

The reductions are part of GM's plan to slash its global salaried work force this year by about 10,000, or 14 percent. GM also aims to cut 37,000 hourly jobs worldwide by the end of the year.


http://news.yahoo.com/s/nm/20090420/bs_nm/us_gm_cuts

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