Feb 18, 2009
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GM Slashes Models, Jobs, and Lights

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GM said it plans to eliminate nearly 20,000 jobs in the United States of the 47,000 more jobs worldwide this year as it closes plants and moves to dispose of Hummer, Saturn and Saab.

GM said it plans to eliminate nearly 20,000 jobs in the United States of the 47,000 more jobs worldwide this year as it closes plants and moves to dispose of Hummer, Saturn and Saab.

GM also plans to phase out more than 2,000 dealerships during the next five years. The company had 6,246 dealerships at the end of 2008, and it plans to reduce that to 4,700 by 2012 and to 4,100 by 2014.

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