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On Nov. 15, GM cut another 1,000 jobs, including 507 jobs at the GM Tech Center based on information provided to the state.“ There’s still a large money-losing EV business and threats like ...
General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a ...
General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, CNBC has learned.
June 19, 2009: Deadline for filing all objections to the sale of General Motors. June 22, 2009: Deadline for making competing bids in the auction of General Motors' assets. June 25, 2009: Final hearing on the bankruptcy loan. July 10, 2009: Deadline for completion of the sale, requested by the U.S. Treasury and General Motors. [9] [10]
GM notified about 1,000 employees, most in metro Detroit, that they were being let go early Friday. GM cuts 1,000 jobs globally, mostly salaried but some hourly, in move to gain efficiency Skip to ...
A once-reliable route to prosperity appears to be vanishing, as evidenced by General Motors' announcement this week that it plans to shed 14,000 jobs. Salaried workers beware: GM cuts are a ...
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To prove Wall Street's glee, Ives said, in theory GM's stock price should be down right now based on the incoming Trump agenda, but it keeps rising. On Aug. 5, GM's stock closed at a low of $39.95 ...