GM Announces Major Cuts Under Trump Administration

Economy Crisis Under Trump

General Motors announced Monday a major restructuring of its global business, shutting production at five facilities in North America and slashing its staff. GM said it will reduce its salaried workforce by 15%, including a quarter of the company’s executives.

References:

1. CNN, November 26, 2018, David Goldman – GM is reinventing itself. It’s cutting 15% of its salaried workers and shutting 5 plants in North America