GM to halt production at several plants, cut more than 14,000 jobs
Robert Ferris | CNBC | November 26, 2018
- The automaker plans to cut production at several factories and reduce its salaried workforce by 15 percent, more than 14,000 employees.
- The reductions are part of a massive restructuring that will cost up to $3.8 billion.
- The UAW responds by vowing to use “every legal, contractual and collective bargaining avenue” to fight the changes.