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Old 07.07.2008
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GM mulling thousands of job cuts, sale of brands

GM mulling thousands of job cuts, sale of brands
7/7/08
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General Motors Corp (GM.N) is planning to cut thousands of white-collar jobs and is considering whether it should sell or stop production of more of its brands, The Wall Street Journal said, citing people familiar with the matter.
http://news.yahoo.com/s/nm/20080707/...Pgs59gjbWs0NUE
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Old 07.07.2008
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GM pays almost 7 billion annually in retirement costs alone. I'm surprised they've stayed in business this long. It wouldn't surprise me in the least that they file for bankruptcy within the next couple of years.
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Old 07.07.2008
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Cybergal, I really apreciate every thing you do posting news and all, but is there any chance you could find some good news out in the world???lol
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Old 07.15.2008
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GM to cut salaried workers, production, dividend
7/15/08
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DETROIT - General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.
http://news.yahoo.com/s/ap/20080715/..._xDMjwxW6s0NUE
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Old 07.15.2008
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Originally Posted by Cybergal View Post
GM to cut salaried workers, production, dividend
7/15/08
Bye, bye GM, your days are numbered.
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Old 07.16.2008
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Bye, bye GM, your days are numbered.
if GM were too actually close what would become of all those who have retired from their and their pension's?
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Old 07.16.2008
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if GM were too actually close what would become of all those who have retired from their and their pension's?
Enrollment at CDL schools would be way up.
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Old 07.22.2008
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GM is also backing off on racing sponsorship . [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.
Not surprising . Consumers now are looking for economy , not speed and performance . The COT didn't help matters any .
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