GM says to cut hundreds of salaried jobs Tuesday


DETROIT, March 28 (Reuters) - General Motors Corp. said it will cut a few hundred salaried jobs on Tuesday in its initial effort to reduce its U.S. white-collar work force by 7 percent this year. The first cuts will be announced at 30 locations, according to a GM spokesman. Employees will be given continued compensation and benefits for a period of time, depending on their length of service, he said. The employees being let go on Tuesday will be asked to leave the company immediately. ...

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