GM set to begin cutting hundreds of salaried jobs

Newswire

By Jui Chakravorty DETROIT, March 27 (Reuters) - General Motors Corp. is expected to start cutting thousands of U.S. salaried workers on Tuesday as part of a sweeping restructuring aimed at stemming losses and market share, a source close to the situation said on Monday. Tuesday's cuts will be in the engineering division, the source said. He also said reductions in sales and marketing staff would be announced in April. The job cuts will be the first of those announced last November, ...

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