All Posts Tagged With: "gm cuts"
GM cutting more white-collar jobs and employee benefits
Back in July, General Motors announced its plan to reduce salary spending by 20% and its white-collar workforce by 15% or 5,100 jobs. Those workers are out of a job on November 1st, but a new round of job cuts means even more empty cubicles for the world’s largest automaker. The Detroit News is reporting [...]
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25Oct2008 | BlueFox | 0 comments | Continued
GM to cut 20% in overall white collar costs, cut truck production by over 300k
GM CEO Rick Wagoner announced sweeping organizational challenges designed to cut costs by $15 billion by the end of 2009. The Detroit automaker is looking reduce costs in an increasingly difficult market that could drop to 14 million units per year with fewer SUVs and trucks leaving dealer lots. Among the cost cutting measures, GM [...]
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17Jul2008 | BlueFox | 0 comments | Continued