General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market
DETROIT (AP) — Common Motors is shedding about 1,000 staff worldwide, shedding prices because it tries to compete in a crowded international vehicle market. The employees, principally white collar, had been notified concerning the choices early Friday. The corporate confirmed the layoffs in an announcement however gave few particulars. “We have to optimize for velocity … Read more