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Archive Home > 2009 > February > 11 > GM to slash 10,000 salaried positions

GM to slash 10,000 salaried positions


February 11, 2009

DETROIT — General Motors Corp, staying afloat with $13.4 billion in federal rescue loans, announced Tuesday that it is cutting its worldwide salaried work force by 10,000, or 14 percent, this year and temporarily reducing the pay for a majority of its U.S. white-collar work force. The....

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