Showing posts with label auto bailout. Show all posts
Showing posts with label auto bailout. Show all posts

Wednesday, February 18, 2009

GM Workers Face Layoffs, Uncertain Future

General Motors Corp. presented a survival plan that calls for cutting 47,000 jobs globally and closing five more U.S. factories. That would make it the largest work force reduction by a U.S. company in the economic meltdown.