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GM cuts 10,000 salaried jobs, trims employees' pay

GM cuts 10,000 salaried jobs, trims employees' pay

GM cuts 10,000 salaried jobs, trims employees' pay

In this Dec. 12, 2008 file photo, th...


NEW YORK — General Motors Corp. is planning to slash another 10,000 salaried jobs this year, saying the cuts are unavoidable with a government restructuring deadline looming and industrywide sales in one of the worst downturns in history.

The Detroit-based automaker said Tuesday it will reduce its total number of white-collar workers by 14 percent to 63,000. About 3,400, or 12 percent, of GM's 29,500 salaried U.S. jobs will be eliminated.


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