On top of the tens of thousands of autoworkers losing their jobs in the bankruptcy restructuring and the 2,000 white collar workers already laid off, GM announced that it will be shedding another 4,000 white collar jobs over the next few months. Associated Press reports:
About 4,000 more salaried workers at General Motors Corp. will lose their jobs by the end of the year as the automaker continues to downsize.
The company notified its more than 27,000 U.S. white-collar workers by e-mail Tuesday that that it will offer standard severance packages, and employees near retirement age will have the opportunity to retire early, spokesman Tom Wilkinson said.
Some involuntary cuts will be necessary, Wilkinson said, as GM tries to shrink its U.S. salaried work force to around 23,500 by year’s end.
The bulk of those jobs will almost certainly be in Michigan, adding to the state’s already nation-leading unemployment rate.