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GM cutting 4,000 workers in latest round of restructuring

redriderbob

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GM cutting 4,000 workers in latest round of restructuring

WASHINGTON (Reuters) - General Motors Co on Monday said it was starting to hand pink slips to about 4,000 salaried workers in the latest round of a restructuring announced in late November that will ultimately shrink its white-collar workforce in North America by 15 percent out of 54,000.

GM cutting 4,000 workers in latest round of restructuring | Reuters
 

redriderbob

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Pretty sad, FCA is growing and trying to make room for more production... while GM's management board is making the same lame duck decisions as the one before the bankruptcy and now they are giving the middle finger to their employees. By middle finger, I mean middle finger...

 

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