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"The March 31st deadline has apparently pushed GM into a money saving frenzy. In their attempts to raise more money and create a more feasible plan for survival, it would appear that the company is planning to cut thousand of jobs, reported bloomberg.com. This new plan is expected to be presented on February 17th before the US Government, and is said to include provisions concerning the layoff of nearly 5,000 workers. GM managers are now considering cutting jobs in all departments of the..." Continue Reading →
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