Monday, November 21, 2005

GM Cuts 30,000 jobs

FOXNews.com - Business - GM to Close Nine Plants, Lay Off 30,000: "GM has been grappling with high health-care and commodities costs, loss of U.S. market share to foreign rivals, and slumping sales of large sport utility vehicles that used to be its profit centers, but have now lost popularity due to high gasoline prices."

Comments?

1 Comments:

At Tuesday, November 22, 2005 4:06:00 PM, Blogger Drew said...

I sense a Michael Moore movie in the making already.

 

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