UPDATE 1-GM CEO sees more plant closing, job cuts

Newswire

* GM CEO sees more plant closings, UAW worker buyouts * GM's Henderson says bankruptcy now more probable * U.S. officials have not set debt targets for GM-CEO WASHINGTON, March 31 (Reuters) - General Motors Corp will close more U.S. plants and cut more jobs and still faces a higher probability of bankruptcy to shed debt, GM Chief Executive Fritz Henderson said on Tuesday. "The expectation is that we need to go deeper," Henderson said in describing GM's restructuring after its ...

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