GM Cuts Nearly 500 White Collar Jobs
On Tuesday General Motors cut nearly 500 jobs from 30 different locations. Affected were the Detroit-area engineering center and proving grounds. The cuts are part of the white collar job reduction program GM announced late last year, when it said that it would cut 2,500 positions in 2006.
The staff reduction comes only days after GM reached an agreement with the UAW for offering union employee's early retirement packages.
