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Tuesday, June 7, 2005 |
GM closing plants, cutting 25,000 jobs. General Motors is cutting 25,000 jobs and closing an unspecified number of plants over the next 3-1/2 years, CEO Rick Wagoner told shareholders. The world's largest automaker is struggling to stem huge losses. The 25,000 jobs represent about 17 percent of GM's U.S. work force. [CNN.com]
8:52:10 AM 
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© Copyright 2005 Patricia Thurston.
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