GM to cut 15 pct of US, Canadian salaried workers

[DJ13]

Wednesday July 30, 4:34 pm ET
By Dee-Ann Durbin, AP Auto Writer

GM plans to cut 15 percent of US, Canadian salaried workers as part of cost-cutting measures

DETROIT (AP) -- General Motors Corp. plans to cut 15 percent of its U.S. and Canadian salaried work force -- or around 5,100 jobs -- by Nov. 1 as part of a plan to slash billions of dollars in costs and help the automaker ride out a slump in U.S. sales.

A GM official declined to confirm the specific numbers Wednesday but indicated they were generally accurate. The official asked not to be named because the company had not planned to release the numbers until later.

http://biz.yahoo.com/ap/080730/gm_job_cuts.html