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GM cuts 10,000 jobs, Nike another 1,400

Posted by admin On February - 11 - 2009

General Motors Corp. is planning to slash another 10,000 salaried jobs this year, saying the cuts are unavoidable with a government restructuring deadline looming and industrywide sales in one of the worst downturns in history.

The Detroit-based automaker said Tuesday it will reduce its total number of white-collar workers by 14 percent to 63,000. About 3,400, or 12 per cent, of GM’s 29,500 salaried US jobs will be eliminated.

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