GM Cuts Salaried Jobs to Boost Profits

1 min read
Source: The Detroit News
GM Cuts Salaried Jobs to Boost Profits
Photo: The Detroit News
TL;DR Summary

General Motors laid off over 200 salaried employees, mainly at its Warren Technical Center, as part of a restructuring effort to boost profits amid challenging market conditions and policy changes, despite recent strong earnings and an optimistic profit forecast.

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