Monday, April 20, 2009

GM to cut Jobs


posted by: Thomas Gillick

By: Julianne Pepitone

NEW YORK (CNNMoney.com) -- General Motors sent an email to all employees Monday announcing it will cut about 1,600 salaried workers this week as part of a previously announced plan, a company spokesman confirmed.

The embattled automaker said in February it planned to cut 3,400 of its 29,500 U.S. salaried employees, with the majority of cuts completed by May 1.

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