LayoffBlog.com

February 8, 2009

GM may cut thousands of salaried workers

According to Bloomberg, Reuters: “General Motors Corp. (GM.N) is developing a plan to fire up to 5,000 salaried employees as it tries to cut costs by a March 31 deadline to keep $13.4 billion in U.S. government aid. The total could match the number of salaried positions GM slashed in 2008. The company will include the plan in a Feb. 17 progress report to the U.S. government”

1 Comment »

  1. What happened to all the bonuses they were offering to people willing to leave?

    Comment by myphotoscout — February 9, 2009 @ 12:32 am | Reply


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