GM cutting 1,600 more jobs
US based automaker GM has announced that they are going to cut 1,600 more jobs in the coming days.
The company said that these additional job cuts are part of their restructuring process aimed to cut costs and get back to profitability.
GM North America President Troy Clarke had this to say to the company workers: “In these unprecedented times, GM is reinventing every aspect of our business, including our organizational size and structure, to create a lean and agile company.”
He added: “This will be a very trying time for the entire GM team, but especially for those employees directly impacted by these actions. Even for those employees staying, it will be difficult to see friends and co-workers leaving our company.”
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