GM to layoff 4,000 more by year-end


The company notified its more than 27,000 US white-collar workers by e-mail on Tuesday, that it will offer standard severance packages, and employees near retirement age will have the opportunity to retire early, spokesman Tom Wilkinson said.

Some involuntary cuts will be necessary, Wilkinson said, as GM tries to shrink its US salaried work force to around 23,500 by year’s end.

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