Re: God bless America ¶
By: gianlini on Sabato 23 Marzo 2019 00:40
Treasuries Buying Wave Triggers First Curve Inversion Since 2007
GM's involuntary layoffs start Monday, at least 4,000 workers expected to lose jobs
Published 2:39 PM ET Fri, 1 Feb 2019 Updated 4:00 PM ET Mon, 4 Feb 2019
General Motors is planning to layoff at least 4,000 salaried workers in North America starting Monday ahead of the company's fourth-quarter earnings report, according to two people briefed on the matter.
The reductions come as the largest U.S. automaker undergoes a massive restructuring announced by CEO Mary Barra in November. GM is halting production at five plants in North America and cutting 14,000 jobs as it realigns its workforce and plants to produce more electric vehicles.
Last edited by: gianlini on Sabato 23 Marzo 2019 00:46, edited 1 time in total.