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Article: Now it's white-collar cut time: GM plans to chop engineering staff 1st.
- Article from:
- Chicago Tribune (Chicago, IL)
- Article date:
- March 25, 2006
CopyrightCOPYRIGHT 2006 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jim Mateja and Rick Popely
Mar. 25--General Motors' engineering staff has been told all leaves have been canceled. They have been ordered to report for work Tuesday morning--with company cars and keys. GM Friday wouldn't comment on Tuesday's meeting, but insiders said only the engineering staff is affected--for now. Cuts in other departments, including sales and marketing, would come later, perhaps as early as next month. After offering buyouts to all of its 113,000 hourly workers this week with the goal of eliminating 30,000 jobs by 2008, the ailing automaker now is turning to its white-collar workforce. GM has about 36,000 salaried ...