Layoffs
GM reduces white-collars by 15%
General Motors employees are jumping at the opportunity to take contract buyouts rather than get sacked. So far, the company has exceeded its goal of cutting salaried employees by 5,000. As the icing on the cake, they’re also cutting some employee benefits — we’re not sure which ones. Anyone have the info on this? spread the love.
[Detroit News] GM to cut salaried jobs, reduce benefits

another friday, more bad news from general motors
GM is never going to get ahead of the ball when they have their pension plans building up and up….